Saturday Early Morning Bitcoin Analysis

The major focus should be on the key level of 119550. If the rebound at the 1-2 hour level fails to stabilize at this level, it indicates insufficient short-term momentum, and a continuation of the pullback is highly likely, with support levels to watch at 117255, 116060, and 114730.

Conversely, if this level effectively breaks through and stabilizes above 119550, the bulls will have the advantage, and the market is expected to move upward, with resistance levels to pay attention to at 120830, 122030, and 123300.#BTC☀️ $BTC