🚨 Bitcoin Pulls Back After ATH What’s Next? 🚨
Bitcoin surged to a new ATH at $124,474, but sharp profit-taking has dragged price below $120K, testing critical support at $116K→$117K.
🔍 Levels to Watch:
Immediate Support: $116K→$117K
Major Support: $112K
Resistance: $120K (flip needed for bullish momentum)
Is this just a healthy retracement before another leg up, or the beginning of a deeper correction? The answer lies in how BTC reacts to this support zone in the coming hours.
Bulls need to reclaim $120K quickly to avoid further downside pressure. Break below $116K = eyes on $112K.
