Bitcoin plummeted two days ago due to the sale of 80,000 BTC, dropping 3,000 points at one point, but the market quickly digested this.
After falling to 114,710 and wiping out the bottom, it rebounded quickly and is currently oscillating back in the 117,000-118,000 range.
Next, the key is to recover the drop point of 119,500, at which point bulls are likely to continue their strong advance.
Do not chase orders for now, wait for a clear price path, and then decide on the long or short direction.
