🔥 $BTC/USD – Consolidation Near Key Resistance After Recent Rally

Bitcoin is holding around $118K after peaking near $123K last week. Momentum is cooling and U.S. spot ETFs saw ~3 days of outflows (~$86M), but large holders remain firm on-chain. Key levels to watch: support at $116K–107K, resistance at $120K–123K. Breakout above $123K could open path to ~$140K. Dip buyers may target $116K or wait lower.

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