#BTC120kVs125kToday Bitcoin is trading today near the resistance level of $120,000, showing strong bullish momentum with gains of +2.15% during the day. With over 10,700 Bitcoins traded and a trading volume of USDT worth $1.27 billion, bulls are clearly in control. The price has bounced back from its low of $117.4 thousand, and is now looking to break through the level of $120,119.

If the price confidently exceeds the $120,000 level, there will be bullish targets ranging from $123 thousand to $125 thousand.

Watch:

Immediate support: $117,400

Resistance area: $119,966 - $120,119

Momentum indicators: MACD is showing upward volatility, and BOLL is widening.

A confirmed breakout could ignite the next phase towards re-testing the all-time high.$BTC