Price: Currently trading around $117,375 (down ~1% from yesterdayās $118,500ā$119,500 range). High today: $119,524 Low today: $116,776
š After briefly surging to a record $123K during last weekās regulatory-fueled rally, BTC pulled back to its $118K support levelānow testing the $116Kā$117K zone again. Technical charts show a bullish pennant/triangle forming, and a breakout above $119Kā$120K could trigger a fresh push toward $122Kā$124K.
šļø On-chain and macro catalysts:
The Genius Act and Clarity Act are drawing more institutional investment and lending clarity to stablecoins
The US governmentās Strategic Bitcoin Reserve and ETF inflows (over $50B in 2025) are further strengthening the momentum
> š§ What to watch next:
A confirmed close above $119Kā$120K may open the door to $125Kā$128K
A drop below $116K could signal a deeper pullback toward $114Kā$112K
> ā Tip for traders: Use $116Kā$118K as a key risk zone. Buy-the-dip near these levels, and watch breakout moves above $119K for entry confirmation.
> Whatās your takeābullish breakout ahead or range-bound consolidation? š Drop your BTC target below!
š New to Crypto? Avoid These 3 Common Mistakes:
1ļøā£ Donāt chase pumps ā Buying just because the price is going up is risky. 2ļøā£ Always DYOR (Do Your Own Research) ā Never rely only on hype. 3ļøā£ Use trusted exchanges like Binance ā Safety first.