Bitcoin reclaimed the $118,500 level and also provided a retest. We may see a continuation of the upward movement if the price holds above this level.

Bitcoin is attempting to reclaim the $118,000-$118,500 level, following previous rejections.
A rejection from this range will likely push the price down to the $115,000 level.
However, if it holds above $118,500, the price could rise towards the $122,000-$123,000 area.
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