#BTC 🚀
Will Bitcoin Break the $120K Mark in the Next 24 Hours?
Projected Range: $117,500 – $120,681
Expected Close: $119,850 (+1.57%)
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🔍 Key Catalysts
1️⃣ Bullish Technical Setup
Positive Triangle Pattern forming
Golden Cross Imminent: 7-day MA nearing the 25-day MA
Volume Alert: 71% below weekly average → Volatility likely
Strong Support at $116,904 (aligned with MA99)
2️⃣ Whale Activity
$470M in spot trading volume over 24h
62% buy ratio (Binance data) shows accumulation
3️⃣ Macro Tailwinds
87% chance of Fed rate cut → Liquidity boost expected
Institutional interest rising fast
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🎯 Trade Setup (Simplified)
Entry Zone: $117,500 – $117,988
Stop Loss: $116,500
First Target: $118,563 (profit-taking zone)
Key Level to Watch: $119,500
Main Target: $120,681
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⚡ Why a Move to $120,681 Is Likely
Lowest weekly range since May → Set for a +2.2% breakout
Liquidity cluster above $118,500 ($123M - Hyblock data)
ETF inflows from BlackRock top $120M daily → Institutional momentum is real