$btc / usdc

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Targeting the $125,500 Resistance

Market Overview:

After a correction down to $116,850, Bitcoin held above the 144 EMA and is recovering toward the key resistance zone around $125,500. A bullish continuation pattern is forming.

Technical Signals & Formations:

— Strong support reaction from $116,850

— 144 EMA on 4H holding as dynamic support

— ABCD harmonic structure supports upside

— Break above $120,000 will confirm bullish momentum

Key Levels:

Support: $116,850, $113,700

Resistance: $123,300, $125,500–$126,000

Scenario:

Primary: continuation upward toward $125,500 with potential breakout

Alternative: minor pullback to $116,850 before next leg up