Bitcoin Early Morning Strategy

After experiencing a rapid decline, the price of Bitcoin has entered a phase of consolidation. Currently, the price is fluctuating around 117600, with a clear support level formed at 116700, indicating that bearish strength is weakening and bulls are beginning to attempt stabilization, showing potential for a subsequent rise.

Intraday Operation: Bitcoin can be bought in the range of 116500-117000, targeting 119000 and 121000.