$BTC #BTC

Pink shaded area around $116,000 $120,000 suggests a significant support zone where the price has historically reacted

Price recently pulled back from a peak, forming a V-shaped pattern, suggesting a potential reversal or consolidation

This could indicate buyer interest at the support level

The upward arrow and extended trendline imply a bullish look, with a possible target near $124,000 if the support holds and momentum resumes