🚧 Is $BTC preparing for a post-breakout test? Or is this the beginning of a deeper pullback? 📉🔥
Bitcoin faced a natural rejection at 124,000 — just like it did previously at the same level.
Last time, this rejection was followed by a -13% pullback!
Is history repeating itself? Or are the bulls stronger this time? 🧠💪
🔍 Technical situation:
• Bitcoin broke through the weekly downtrend line, but has not retested it yet.
• A -4% pullback from here would remain technically healthy and would be an ideal retest.
⚠️ Summary:
• 124k is not an impossible resistance — but the price must prove it.
• Any moderate pullback from here could just be a stop before launching upwards again.
Do you see the pullback as an opportunity? Or a caution signal? 👀💥
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