#BTC

BTC Market Analysis:

Bitcoin is really strong; after two days of sideways adjustment in the smaller timeframe, it has once again entered an upward mode. The current price is also incredibly close to 120,000 USD, showing signs of a potential breakout at any moment.

Currently, the pressure above Bitcoin is uncertain, and the highs are undetermined. We can only make predictions based on market reactions. Personally, I believe if it breaks 120,000, the expected short-term high will appear around 126,800. However, I do not recommend chasing long positions here, as the risks are still quite high. It is advisable to wait for the trend to be confirmed or for the highs to be determined before deciding how to enter the market!