$BTC USDT - Bulls rebound strongly after sharp decline! Strong market recovery
Bitcoin price has rebounded strongly from $117,453 and is now heading towards the $119,000 area with clear upward momentum. Buyers are showing strength and maintaining key support levels well.
Long trade setup:
Entry area: $118,400 - $118,900
Stop loss: below $117,400
Target 1: $119,500 - local resistance
Target 2: $120,400 - highest daily breakout
Risk warning:
Beware of a slight pullback before the next rise. Safe entry points are at dips or closing candles above $119,000 to confirm a strong breakout.
Next step:
If the price of Bitcoin holds above $118,000, bulls can target a retest of the $120,000 level. A breakout of this level may open the door to higher levels near $121,000 and $122,000.
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