Hey Traders 👋
Bitcoin has now tested the 117.8K zone twice, but sellers are still holding the line.
That makes 117.8K–118.0K the key resistance to watch.
The setup now:
📈 Bullish path: Break above 117.8K and momentum could carry straight into 118.0K–118.2K.
📉 Bearish path: Another rejection sets up a pullback toward 117.5K. If that floor breaks, 117.0K becomes the big support to defend.
Big picture:
BTC’s support has crept higher, but resistance hasn’t cracked yet. After two taps at the top, the next test decides if this is a breakout, or a double top reversal.
💡 If that’s the case, best you prepare early by checking how to trade double top reversals in chapter 6, lesson 2
