Friday Sell-Off Tests Bitcoin Support, Higher Lows Signal Strength
Cryptocurrencies gave back much of this week’s gains on Friday, with Bitcoin retreating to $115,600 and Ether falling to $4,460. SOL and DOGE also pulled back, returning to flat levels for the week.
Despite the decline, Bitcoin continues to form higher lows along an ascending trendline, consolidating near $115,700. This pattern points to steady accumulation and bullish momentum, with traders focused on the $118,000 resistance level as the next potential breakout point.
