🚨 Bitcoin Price Update: $120K Incoming or $100K Breakdown? Here’s the Game Plan! 💥

As of now, Bitcoin (BTC) is trading around $105,540, showing bullish signs with a 1.7% intraday gain. But the market is at a crucial turning point.

🔹 Support Levels:

$103,400 (intraday pivot)

$101,400 (key bounce zone)

$100,000 (psychological & long-term support)

🔹 Resistance Levels:

$106,995 (minor resistance)

$108,500 (local swing high)

$110,000–112,000 (major breakout zone)

📈 Technical Setup:

Bitcoin just confirmed a Golden Cross and broke out of a bull flag, both strong bullish signals. However, a rising wedge hints at a potential reversal if the price fails to hold key support.

📊 Fundamental Drivers:

Major institutional buying (MicroStrategy, corporate treasuries)

US regulatory clarity and pro-crypto stance

Fed rate cuts and global liquidity boosts risk asset appetite

🚀 If BTC holds above $106K and breaks $108.5K, expect a rally toward $112K–$125K.

⚠️ But a drop below $103K could lead to a correction toward $100K–98K.

🧠 Stay sharp: Don’t FOMO. Watch the levels. Trade with a plan.

🔖 #BitcoinPricePrediction #BTCUpdate🚀 #CryptoTechnicalAnalysis #BitcoinNews #BTCPriceForecast