$BTC USDT – MOMENTUM RETURNS! CAN BULLS HOLD ABOVE $120K?
$BTC HOLDS ABOVE $121K AFTER RECLAIMING RANGE
MACD FLIPS BULLISH WITH STRONG VOLUME SUPPORT
Bitcoin has surged back above the $120K psychological level, showing strong buyer interest. The 4H chart reveals price hugging the upper Bollinger Band with an active MACD crossover. A break above $123.2K may open the door to retest $126K–$130K range. Immediate support rests at $119K and $117.6K.
Trade Setup:
Long Entry: Above $123,200
Targets: $126,000 / $129,800
Stop Loss: $119,800
Sustained strength above $120K increases the probability of further upside. Watch the $123.2K level closely.
