⚠️ Will Bitcoin collapse soon or is a shocking leap ahead? 🚀💰
The price of Bitcoin is approaching a critical resistance at $120,000 after a strong rise, but the Relative Strength Index (RSI) above 70 warns of "overbought" conditions that could lead to a sudden correction.
With the breakdown of a descending channel, the upward momentum seems to continue, and the potential target for the rise could reach $146,400, but strong support at $107,000 and $100,000 cannot be ignored, which may protect the price from collapse.
The important question: Will this just be a natural correction? Or the start of a sharp decline?
✅ For the adventurous, seizing buying opportunities at support is a risky option.
⚠️ For the cautious, waiting for a daily close above resistance is better to avoid surprises.
What do you think? Are you preparing for the big rise or the looming danger? Share your predictions! 👇
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