⚠️ Bitcoin Dips Below 120K — A Calm Before the Storm?

Bitcoin (BTC) has slipped below the $120,000 mark, now trading just under this key psychological level, despite showing a modest 1.10% increase in the last 24 hours. According to Binance market data, the price movement remains relatively narrow, signaling a potential build-up for the next big move.

📊 Current Price: ~$119,800

📈 24H Change: +1.10%

📉 Trend: Mild volatility, weakening bullish pressure

This slight uptick amidst a price dip suggests market indecision. Traders are closely watching for signs of whether BTC is preparing for another breakout or slipping into a consolidation phase.

🔍 What to Watch:

– Support Zone: $117,500

– Resistance: $122,000

– Volume: Lower than average, indicating hesitation

– Macro Factors: Ongoing global uncertainty and upcoming Fed commentary

🧠 Pro Tip:

When price rises with low momentum and volume weakens, it's often a setup for larger players to reposition. Don't just chase green candles — watch the volume and wait for confirmation.

💬 Do you think BTC will rebound above 120K or is it the start of a deeper correction?

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