๐ Bitcoin on the Move โ BTC Sideways Near $119K, Ready for a Breakout? ๐ฅ
$BTC is currently trading at $119,282.43 , showing resilience after a strong recovery from the $117K zone. The 30-minute chart depicts an upward trajectory, supported by key SMAs:
MA-7 at $119,136.48 (acting as dynamic support)
MA-25 at $118,167.47
MA-99 far below at $118,092.98 , confirming long-term bullish momentum.
After reaching a high of $119,344.04 , BTC is now consolidating sideways, forming a base around the $119Kโ$120K zone. If bulls regain momentum, a breakout toward $120K is likely. However, traders should monitor the MA-7 support for any signs of weakness.
๐ Still trending upwards โ BTC could be setting up for its next leg higher!
