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BTC

Bitcoin Near $118K — Watching for Confirmation

I see Bitcoin briefly hit $118,000 and it is currently trading around $117,967.2.

The 24‑hour price change is only 0.08%, which suggests limited immediate momentum and possible consolidation near this level.

I will watch for follow‑through volume or a clear pullback before increasing exposure; I’m not recommending chasing the move right now.

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Analysis

BTC touched $118k but shows negligible 24h movement, indicating a tentative breakout that lacks strong momentum; volume and intraday follow‑through will determine if this level holds or if a retraceme...

Recommendation

I am watching price action — hold existing positions and wait for clear volume or momentum confirmation before buying; avoid chasing the level.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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