Bitcoin just hit $119,966 on Binance, marking a strong breakout after consolidating for days. The price is pushing higher with solid momentum, and the RSI is at 86.73, showing extreme strength but approaching overbought territory.
Volume is picking up, and the MACD remains bullish despite some early signs of slowing momentum. If BTC breaks $120,000, we could see a rapid move higher — but traders should watch for short-term pullbacks!
📈 Key Levels:
Resistance: $120,000
Support: $117,834
🔥 My take: This is a critical moment! A breakout could ignite a fresh rally, but caution is needed due to the high RSI.
