Bitcoin is on fire again, soaring past $118,700 with strong volume and bullish momentum. In just 24 hours, it jumped over 6%, reaching a new 24h high of $118,869.98. $BTC chart shows clean breakouts on both 5-minute and 15-minute timeframes, with buyers clearly in control.
This explosive move puts Bitcoin on track to test the psychological level of $120,000 — a major milestone that could spark even more buying. Volume is rising sharply, indicating real strength behind this rally. If this momentum continues, $120K might be just the beginning of the next leg up.
With markets heating up and dominance holding, Bitcoin’s way to the moon is unfolding faster than expected. Traders should keep eyes on the $119K–$120K zone as the next resistance to break.
