$BTC Bulls Eyeing $120K Breakout! 🚀🔥
#Bitcoin is trading at 119,103 (+0.52%), bouncing sharply from the 118,050 support zone and testing the critical 119,200 area. A sustained move above this level could open the doors for a rally towards the psychological $120K mark, where a breakout could trigger strong bullish momentum.
Key Levels
• Resistance: 119,800 – 120,800
• Support: 118,500 – 118,050
Trade Setup
• Entry Zone: 118,900 – 119,200
• Stop Loss: 118,200
🎯 TP1: 119,800
🎯 TP2: 120,500
🎯 TP3: 121,200
Market Insight
BTC is showing renewed buyer interest, supported by intraday bullish pressure. Holding above 118,900 could strengthen the push towards $120K, while any close below 118,500 may delay the breakout attempt.