BTC Alert 🚨: Should You Buy Now or Wait? 💰📈
Bitcoin (BTC) is currently trading around $120,400, hitting a strong resistance level. If this level holds, the next target could be $124,600.
Key Points:
✅ Support Levels: $117,000 | $113,500 | $106,900
✅ Resistance Levels: $124,600 | $128,000 | $130,000
✅ Buy Condition: Consider buying if BTC trades above $120,000 with continued bullish momentum.
✅ Stop-Loss: Place stop-loss below $117,000 to manage risk.
✅ Profit-Taking: Take partial profit around $124,600.
⚠️ Caution: The crypto market is highly volatile. Keep your position size within your risk tolerance and monitor market trends and global news.
💡 Bottom Line: Short-term traders can consider buying now with proper risk management. Long-term investors should evaluate market stability and fundamentals before making a decision.
