$BTC is trading around $117,800 after hitting a new all-time high and undergoing a correction. It's currently moving within a rising wedge, a pattern that may signal weakening momentum.
Price action shows rejection near the upper trendline, with $115K as a key support level. A break below could open the door toward the $105K–$100K zone, while a breakout above $121K might reignite bullish momentum.
The market appears to be at a pivotal point! 👀 📈