$BTC

– BREAKOUT OR BULL TRAP? WATCH $119K LEVEL

• SHARP RALLY FROM $117,825 BASE

• REJECTED AT $119,766 – CONSOLIDATING BELOW

Bitcoin bounced hard from the $117,825 support zone, reaching a high of $119,766 before pulling back. Price is now hovering around $119,185, consolidating just below the recent local high. A clean breakout above $119,800 could ignite the next leg up, while failure to hold $119K may invite downside pressure.

Long Trade Setup:

Entry: $119,000 – $119,200

Targets: $119,750 / $120,300

Stop Loss: $118,580

Holding $119K is key—watch for breakout confirmation or signs of exhaustion below support.

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