๐ BTC Is Stuck Below $120K โ Whatโs Next? ๐จ
Bitcoin made another attempt to break $120,000โฆ and failed.
Now the big question: Will it bounce back or break down?
๐น Current Price: ~$118,600
๐น Todayโs High: $120,714
๐น Support Zone: $116Kโ$118K
๐น Resistance: $120Kโ$123K
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๐ Market Behavior:
BTC is ranging between $117K and $120K โ
Every time it touches $120K, sellers hit hard.
Buyers are stepping in around $116Kโ$118K.
So whatโs the next move?
๐ If BTC breaks $120K, expect a quick move to $123Kโ$125K
๐ But if it drops below $116K, we may see $110K again!
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๐ง Smart Traders Are Watching For:
โ๏ธ A breakout candle above $120K with volume
โ๏ธ A dip buy near $116K for a quick scalp
โ๏ธ Range trades between $117Kโ$120K
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๐ TL;DR:
BTC is in a tight zone. The breakout or breakdown is coming soon โ and it could be fast. Stay alert.
๐ฌ Whatโs your game plan? Long or short?
๐ Drop your BTC target in the comments!
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