$BTC /USDT BULLISH STRUCTURE – NEXT MOVE TOWARD $123K?

Current Price: $119,879.34 (+1.01%)

24h High: $123,218.00

24h Low: $118,243.68

24h Volume: 25,132.49 BTC | $3.04B USDT

Category: Proof-of-Work (PoW) | Exchange: Binance

Focus Timeframes: 4H & 1D – Trend Continuation Setup

Key Technical Levels:

Resistance:

$121,200–$123,200 – Immediate resistance zone (recent high range)

$125,000 – Major psychological and technical level

Support:

$118,200 – 24h low, immediate intraday support

$116,500 – Key support level from recent breakout structure

Technical Overview:

$BTC is holding firm above $119K, continuing its strong bullish trend after a successful bounce from $118K. Price is currently consolidating just below the $123K resistance, with a potential bullish flag or ascending triangle forming on lower timeframes.

Volume remains strong, RSI is near 60–65 on the 4H, and MACD shows bullish crossover momentum, suggesting a breakout is likely on next impulse.

Trade Setup – Long Position

Entry Zone: $119,200–$119,800 (on pullback or breakout confirmation above $120K)

TP1: $123,200

TP2: $125,000

SL: $117,800 (below support & invalidation zone)

Risk Management Tips:

Risk only 1–2% of capital

Use trailing stop after TP1 to protect profits

Wait for volume breakout above $121.2K for clean confirmation if not entering on pullback

Conclusion:

$BTC/USDT is in a high-probability bullish continuation pattern, consolidating just below resistance. If bulls reclaim and hold above $121K–$123K, a swift move toward $125K+ is highly probable.

BITCOIN STEADY AND STRONG – NEXT WAVE INCOMING!

#BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes #Write2Earn $BTC