๐จ Bitcoin at $117K โ Near the Peak or Just Pausing? ๐จ
A lot of analysts are calling for caution right now, suggesting that Bitcoin could be nearing a cycle top. The recent surge and historical patterns do hint at exhaustionโฆ but Iโm not convinced the story is over just yet.
๐ Key Level to Watch: $110K remains a strong support zone. As long as BTC holds above it, the chance of another upward push is still alive.
๐ Momentum hasnโt completely faded, and institutional interest appears to be building again โ both factors that could fuel another leg higher.
The sentiment feels like a mix of caution and opportunity. Personally, Iโm watching closely to see whether BTC breaks down or gears up for another run.
๐ Whatโs your take? Are we entering correction mode, or is Bitcoin preparing for the next big move?