🚨 $BTC BTC/USDT Update – Is Bitcoin Cooling Off Before the Next Run?
Price: $118,217.37
24h Change: -0.49%
High/Low: $119,676.73 / $116,467.02
Volume (24h):
BTC: 17,266.18
USDT: $2.04B
🔍 Technical Snapshot:
MA(5): 153.87
MA(10): 229.02
MACD: Neutralizing – signs of slowing bullish momentum
RSI: Mid-range – no clear overbought/oversold signal
Price Protection Zone: Holding above $117,500
🧠 Insight:
Bitcoin failed to hold above $119.5K resistance and is now consolidating near $118K. The slight dip and shrinking volume hint at a pause — not a reversal — as bulls catch their breath. Watch for a potential bounce at $116.5K or breakout if volume returns.
📉 Bearish or Just a Breather?
Will BTC push past $120K or test deeper support first?