$BTC /USDT – BULLS HOLDING GROUND AFTER STRONG PUMP
Bitcoin has cooled off slightly after hitting the intraday high of $117,630, consolidating around $116,570. Buyers are defending above $116K, suggesting strength remains, but a clear breakout above $117.6K is needed to trigger another upward push.
Trade Setup (Long Idea):
Entry Zone: $116,300 – $116,600
Target 1: $117,200
Target 2: $117,800
Stop Loss: $115,800
Market Outlook:
Momentum remains bullish in the short term as long as BTC stays above $116K support. Break above $117.6K could open the path to $118.5K+, while a drop below $115.8K may signal a deeper pullback.
