Looking at the charts, it's clear $BTC found solid ground. The price bottomed out around the $116,467 mark, precisely touching and bouncing off whats appears to be a crucial short-term support. On the $BTC longer timeframe (1D), the bounce from around the $104,123 (MA(99)) and $105,289 (EMA(99)) area earlier confirmed significant buying interest at those levels. This retest and strong rejection of lower prices is a highly bullish signal.

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