🚀 BTC Hits New High!

📈 Market Snapshot
Bitcoin just surged to a fresh all-time high, trading around $117,389 as of now. Earlier today, it peaked near $118,668, before settling back slightly. That is a massive move, with trading swinging between $112,642 and $118,668 — showing serious volatility and market excitement!

🧭 Trend & Momentum

Short-term trend: Strongly bullish — new highs confirm continued upside.

Mid-term trend: The uptrend remains solid, with consistent higher highs and lows.

Long-term trend: Clear breakout into uncharted territory; structural momentum is firmly bullish.

⚡ Price Action Highlights

Bitcoin cleared major resistance at $115k, and today’s breakout past $118k confirms strong buyer presence.

The pullback to the current level reflects healthy profit-taking, not trend weakness.

🎯 Bull vs Bear Scenarios
Bullish Case ✅

Entry: On dip near $115k or upon break above $118.7k

Targets: First $120k, then $125k+

Stop loss: Below $112.6k

Cautious/Bearish View ⚠️

Breakdown risk: If price closes below $115k, a deeper pullback toward $112.6k or even $110k could happen

Stop: Just above $118k

💡 Final Thoughts
Bitcoin is riding high on its record-breaking momentum — clearing $118k is a bullish signal 🔥. The key is to watch how price reacts near $120k and whether the $115k support holds. A sustained move above $118.7k could open the path to new highs, while a dip back under $115k might cool things off. Trade smart, manage risk, and enjoy the ride! 📉📈

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