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Bitcoin (BTC) is currently trading around $119,286 USDT, showing a slight dip of 0.01% over the past 24 hours. Despite the minor pullback, BTC remains up 15.2% over the past month, reflecting strong bullish momentum.

📈 Quick Market Snapshot

- 24h High: $118,858

- 24h Low: $116,478

- 24h Volume: Over $2.9 billion USDT

🔍 Technical Overview

- BTC recently completed a CME gap between $117,255 and $116,675, a common technical target for short-term traders.

- Price action is consolidating just below the all-time high of $123,091, suggesting a potential breakout or correction phase.

- Some analysts are watching for a triangle breakout, while others warn of a possible head and shoulders pattern forming.

🧠 Strategic Insight

Given your interest in breakout setups and macro signals, BTC’s current consolidation could be a key inflection point. If dominance continues to dip, altcoins might steal the spotlight—especially those showing strong volume and bullish chart patterns.