๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ง๐—ผ๐˜‚๐—ฐ๐—ต๐—ฒ๐˜€ ๐—”๐—ง๐—› ๐—ก๐—ฒ๐—ฎ๐—ฟ $123K โ€” ๐—–๐—ฎ๐—ป ๐—•๐˜‚๐—น๐—น๐˜€ ๐—›๐—ผ๐—น๐—ฑ ๐—”๐—ฏ๐—ผ๐˜ƒ $117K?

โœ… New allโ€‘time high:

Bitcoin surged to $123,140, setting a fresh record after breaking above key resistance zones near $118K and $120K.

๐Ÿ“‰ Now pulling back:

BTC dropped back under $118K and is currently trading around $117,373. This pullback happened after the price failed to stay above a shortโ€‘term bullish trendline near $119,800.

๐Ÿ” Key resistance ahead:

$119,550: First hurdle

$120,500: Strong barrier โ€” bulls need a close above this level

If BTC clears $120,500 โ†’ could retest $122,000, then possibly climb to $123,200 or even $125,000โ€“$130,000 range.

๐Ÿ›ก Key supports below:

$117,500: Immediate support zone

$115,800: Stronger backup support (close to 50% retracement)

$114,000 โ†’ $112,500: Deeper correction levels

If BTC loses $110,500, bearish momentum could build.

๐Ÿ“Š Technical check (explained simply):

MACD: Bullish momentum slowing down โ€” possible pause or pullback.

RSI: Below 50 โ†’ momentum weaker right now.

โš– What traders should watch next:

โœ… Bulls need BTC to bounce & close above $120,500 โ†’ could restart the rally.

โš  Bears will watch for BTC falling & closing below $115,800 โ†’ might lead to deeper drop.

In short:

BTC just made a new ATH but is cooling off. Holding above $117,000โ€“$115,800 keeps the uptrend healthy. Watch volume & daily close: above $120,500 = next leg higher; below $115,800 = bigger correction risk.

#BTC120kVs125kToday #ETHBreaks3k #BTC

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