BTC – Eyeing a Retest of the $118K Structure!

BTC broke above the $117K–$119K structure (blue zone) with strong momentum.

I’m now watching for a pullback to this area to form a higher low and resume the uptrend.

As long as price holds above $117K–$119K, I’ll look for trend-following longs toward $125K–$128K, then the $130K handle.
If the blue zone fails, the next support sits at $106K–$110K (green zone), where bulls may regroup.

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr