$BTC /USDT
Bitcoin is trading around $118,000 after reclaiming significant ground from recent pullbacks. Buyers have defended higher lows, keeping price within a tightening range beneath the July highs.
A decisive break above the recent peak would likely open a move back toward previous all-time levels, while failure could prompt a retest of near-term support around $115,000.
Volatility is elevated, so position sizing and risk management matter more than chasing momentum.
Traders should prefer confirmed breakouts or measured pullbacks for entries, avoiding aggressive leverage until clear follow-through appears.
$BTC can go up to 130K plus in coming days
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