$BTC / USDT ā Quick Outlook š
Bitcoin is trading near $122,500 (+0.47%) after facing rejection from the $124,200 resistance zone. The market is showing short-term consolidation as bulls attempt to defend support levels. Holding above $121,000 could set the stage for another move toward $125,000, while a break below may open the door for a deeper pullback.
š¹ Trade Setup (Bullish Bias)
Entry: Above 121,800
Targets: 123,800 / 125,000
Stop Loss: 120,800
Momentum remains positive as long as BTC holds above 121,000. Watch for a breakout confirmation on volume to validate the next leg higher.