#USFedNewChair $BTC /USDT BULLS HOLDING STRONG – PULLBACK COULD IGNITE NEXT LEG UP
Bitcoin is trading near $118,360 after hitting $119,113, showing a controlled pullback from recent highs. Price action is firmly above the 25 MA and comfortably above the 99 MA, reinforcing bullish market structure. If buyers protect the $117,700 zone, momentum could drive a rally toward $119,500 and beyond.
Trade Setup (Short-Term):
Long Entry: $117,800 – $118,200
Take Profits: $118,900 / $119,500 / $120,200
Stop Loss: $117,200BTC an intraday uptrend with strong technical . Quick buybacks on dips signal strong demand. A cleaner
Market Outlook break above $119,500 may trigger a sharp move into fresh highs, while losing $117,700 could invite a deeper retracement.
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