$BTC just cooled off — but this isn’t panic, it’s textbook market rhythm. 💥
After topping out around $123K, #Bitcoin has pulled back to ~$114.5K, down 3% on the day.
Here’s what the chart’s really telling us:
🔸 Price broke below the 7-day and 25-day moving averages
🔸 Still holding way above the 99-day MA (~$107K)
🔸 Volume shows strong hands already stepped in earlier at $113K support
🔸 Market had a solid run — this drop is likely a breather, not a breakdown
This kind of cooldown usually comes after big profit-taking, especially when on-chain shows large realized gains — just like we’re seeing now.
No trend break, no dump frenzy. Just the market resetting. And often, this is the zone where next legs up are built.
Eyes on support near $112K–$113K. If that holds, don’t be surprised to see bulls reload.
Stay sharp. The bull cycle hasn’t clocked out yet.