$BTC BEARISH CONSOLIDATION — PRICE STRUGGLING BELOW $119K ⚠️
Bitcoin continues to trade sideways after its peak at $123,218, holding near $117,700. Price remains stuck in a tight range, showing exhaustion in bullish momentum. Without a decisive breakout above $119,500, sellers may push the price lower to test key supports.
📊 Trade Setup:
Entry (Short): $117,800 – $118,300
TP1: $116,500
TP2: $114,000
Stop Loss: $119,600
📈 Market Outlook:
Market sentiment remains neutral-to-bearish as consolidation under resistance continues. A break below $116,500 could trigger stronger downside momentum, while bulls need a breakout above $119,500 to regain control.
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buy and trade here on $BTC