$BTC 🚀 Bitcoin Holds Strong at $118K Amid Market Turbulence!
The BTC/USDT pair is trading at $118,080, showing resilience with a +0.48% 24h gain despite broader market volatility. Bitcoin’s 24h volume surged to $43.8M on Binance, with whales actively accumulating near the $117,089–$118,187 range.
Key Drivers:
Technical Strength: Neutral RSI (50.97) but MACD hints at bullish momentum, with critical support at $116,460 and resistance at $124,474 (ATH).
Institutional Demand: Binance dominates liquidity, with large orders (e.g., 3.356 BTC at $118,025) signaling confidence.
Market Sentiment: Yearly performance remains stellar (+100.56%), though monthly dips (-0.95%) suggest consolidation.
Pro Tip: Watch for a breakout above $118,500—next targets are $120K and $124.5K. Volatility ahead!
🔔 Will BTC defy gravity? Stay tuned!
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