Bitcoin’s Cooling Off — But Don’t Mistake Calm for Weakness
#BTC #CPIWatch #BTC120kVs125kToday
Bitcoin just tapped $123K, and now it's cooling off — not breaking down. This is classic consolidation within a strong trend.
📉 Pullback in motion:
– Testing the 25 EMA — a healthy pause, not panic
– Watch $116.2K as immediate support
– Key zone: $113.5K–114K, where the 99 EMA meets buy pressure
📈 Reclaiming $120.5K flips momentum and opens the path to $130K+
Smart money isn’t panicking here — it’s watching and planning.
The structure is intact. The move is reloading.
Next leg? Could be explosive.
