Bitcoin Retreats to $118,300; Trend Intact Amid Fed Uncertainty

I see Bitcoin retreating to $118,300 after a brief record at $124,480, a modest 4.1% pullback as Fed policy uncertainty resurfaces.

Technically, momentum looks neutral despite the underlying bullish trend remaining intact, so near-term volatility is likely while the market digests macro signals.

I'm monitoring momentum for confirmation before adding material exposure; smaller, scaled entries on weakness and disciplined stops make sense for now.