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BTC

Bitcoin Pullback — Watch for Breakout Above $119,500 or Breakdown Below $117,000

I see Bitcoin making a modest pullback after a slightly bearish daily close, but the overall signal remains indecisive.

The Trump–Putin meeting could create positive spillover for crypto if market conditions hold, yet the bearish weekly close in traditional markets is an early warning that warrants caution.

I'm focusing on lower-timeframe scalp setups and will wait for a confirmed breakout above $119,500 to turn bullish or a break below $117,000 to consider shorts; until then I won’t force larger directional trades.

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Analysis

Price action is choppy and leaning bearish on intraday charts; geopolitical optimism could help, but the bearish weekly close in traditional markets increases the risk of a deeper correction. Key leve...

Recommendation

Wait for a clear directional trigger—prefer scalps on lower timeframes; enter long only on a confirmed break and hold above $119,500, or consider short exposure if price decisively breaks below $117,0...

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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