🆘 CAN BTC REACH 120K TODAY?
Based on recent k-line data, BTC is trading around $117,578, after hitting a peak of $118,859 in the past 24 hours. To reach $120,000 today, BTC needs to increase by about 2.1% from the current price.
### Probability Analysis:
- **Favorable Factors:**
- BTC has had strong upward momentum recently, with a high of $118,859
- Trading volume is quite large, indicating market interest
- The upward trend is still being maintained
- **Cautious Factors:**
- There have been signs of slight correction in recent hours
- The $120,000 level is an important psychological threshold, often facing strong selling pressure
- Data shows that professional traders remain quite cautious
With the current volatility and trading volume, BTC has the potential to test the $120,000 level during the day, but closing above this level may face many challenges. The market is waiting for additional buying momentum to overcome this important psychological barrier.
The above information is gathered and synthesized by AI, and it does not constitute investment advice.