🔻 $BTC Pulls Back from $123K ATH to $118K – Healthy Correction or Warning Sign? 🧐

After hitting a new all-time high of $123,218, Bitcoin is now cooling off, currently trading around $118,100 (-2.93%). 📉

📊 24h Range:

High: $121,990

Low: $116,250

🧠 What’s Driving the Move?

Profit-taking after a strong 4-week green rally 💰

Short-term RSI cooling off 📉

Traders watching key supports around $116K–$118K

🔍 Market Sentiment:

Still bullish on higher timeframes ⏳

Pullback viewed as a chance to "buy the dip" by many whales 🐋

Weekly trend still intact above MA levels

🎯 Key Levels to Watch:

Support: $116K → $113K

Resistance: $122K → $125K

If buyers step in, $130K+ remains in sight 🚀

This isn’t weakness — it’s market breathing before the next push. Will you ride the next wave or wait for a deeper dip? 🌊

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