BTCUSDT Analysis by @DataDash

The analysis focuses on Bitcoin's price action, referencing a recent all-time high around $124,000 and immediate focus on local movements. It notes a retracement following highs near $123,000, aiming for a return to the previous week's range, pinpointing $119,500 as a key level. The analyst observes a pullback to the previous week high/range high. The weekly pivot, representing last week's average, is identified as a likely bounce area with a target of 115300. The analysis highlights that the price lost the 119500 zone and the middle of the previous week, a 0.5 Fibonacci retracement, around $115,300, coinciding with the weekly pivot. Attention is given to the potential for a bounce from around $115,300 or $114,000 area, with $112,000, representing the previous all time high, before aiming lower.