#شارك_أفكارك_حول_BTC Current Price and Fluctuations

- Bitcoin is currently trading near $116,500 after retreating from a weekly high of $124,500.

- The recent decline of 2.2% was a result of mass selling exceeding $500 million over 24 hours.

- Despite the drop, Bitcoin is still up 25% since the beginning of the year.

Price Context and Institutional Behavior

- MicroStrategy added 430 new Bitcoins to its reserves at an average price of $119,666, reflecting ongoing institutional confidence despite fluctuations.

- European companies like Amdax are planning to list Bitcoin vaults on official exchanges, aiming to own 1% of the global supply.

Potential Trading Scenarios

1. Short-Term Corrective Scenario

- After breaking the 120K level, the price returned to test the support area around 115K–117K.

- If the price stabilizes above 116K, we may see a rebound towards 119K–121K as a corrective wave.

2. Extended Bearish Scenario

- In the event of a clear break below the 115K level, the price may head towards 112K–110K, especially with weak momentum on shorter time frames (RSI below 35).

3. Institutional Investment Scenario

- Continued institutional buying could push the price towards re-testing the recent peak at 124K, especially if U.S. interest data is supportive.

Potential Entry Point for Speculators

- Monitoring price behavior around 116.5K is very important: a reversal candle + high trading volume = short entry opportunity targeting 119K.

- Stop loss below 114.5K to avoid price slippage.