$BTC /USDT — BULLS PUSHING BACK WITH HEAVY PRESSURE
#Bitcoin has shown a sharp recovery from the intraday low of $116,935, now consolidating near $117,400 after testing the $119,200 resistance zone. Despite a -0.93% daily dip, the broader structure is still showing strong bullish undertones, with buyers stepping in aggressively on every pullback.
Trade Setup:
Entry Zone: $117,000 – $117,500
Take Profit 1: $118,800
Take Profit 2: $119,300
Stop Loss: $116,500
Market Outlook:
The bulls are gradually regaining control, with momentum indicators hinting at another attempt to retest the $120K mark if resistance at $119,300 breaks. A close above this level could ignite a fresh upward leg toward new highs.