$BTC #BTC Bitcoin Price Outlook: Bullish Momentum Targets $120K–$130K
Bitcoin (BTC) continues to maintain a strong bullish trend, with our mid-term price targets firmly set between $120,000 and $130,000. As highlighted in our Sunday market report, the immediate resistance level to watch is $114,000. A successful breakout above this level could open the door for a rally toward the $120K+ region.
However, in the event of a reversal, we may see a sharp correction toward the CME gap around $93,000, which remains an important technical area to monitor.
Stay tuned for further updates as we track Bitcoin price action, potential retracement zones, and key support and resistance levels.