Bitcoin Pullback to $118K — Buy on Weakness if Trend Holds

I see Bitcoin's retreat to $118,300 as a normal pullback after the record $124,480 high; the drop of about 4.1% reflects short-term profit taking rather than a trend reversal.

Fed policy uncertainty is the main near-term catalyst for volatility, and momentum reads neutral even though the broader bullish trend remains intact.

I would look to buy on weakness into proven support or on a clear rebound signal, keeping position sizes measured and stops in place.