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BTC

Bitcoin steadies after modest pullback from intraday high

I see Bitcoin trading at $118,780.10, down about 1.25% from the session high of $124,447.70 and a low near $117,500.00.

Volume around $732.4M indicates active participation; the move looks like modest profit-taking rather than a decisive reversal.

I'm watching price action for confirmation — I prefer to wait for a clear support hold or a deeper, controlled dip before increasing exposure.

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Analysis

Intraday decline under 2% with substantial volume suggests short-term selling pressure but not a trend change; the gap between the high and low signals volatility, so confirmation of support near curr...

Recommendation

Watch price action closely. Avoid initiating new full-size positions now — consider buying on weakness if support around $117.5K–$115K holds or wait for a clearer breakout above recent highs.

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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