🚨 $BTC /USDT Breakout Watch – New High at $119,380! 🚨
+1.04% Gain | $2.40B Volume | Bulls Testing Key Resistance 💥
Bitcoin is on the move again, tagging $119,380, its 24h high, and showing strong signs of bullish continuation. But will it break through $120K this time?
📊 $BTC /USDT Key Market Stats
🔼 Current Price: $119,380.14
🔺 24h High: $119,380.14
🔻 24h Low: $116,128.00
🔁 24h Vol (BTC): 20,342.85
💵 24h Vol (USDT): $2.40B
🕒 Time Range: Jul 22, 11:30 → 15:15 (UTC)
📉 Depth Support: $116,552.18, $117,032.93
📈 Resistance Levels: $119,521.54, $120,000 psychological barrier
📈 BTC Trade Setup – What to Watch Now
🔹 Bullish Breakout (if BTC closes above $119.5K):
Entry: $119,600–119,900
Targets: $120,800 → $122,000 → $124,500
Stop-Loss: $117,800
🔹 Rejection Scenario (if BTC fails $119.5K):
Entry: Below $118,800
Targets: $117,200 → $116,400 → $114,800
Stop-Loss: $120,200
🧠 Technical Insight
Momentum: Bullish, fueled by rising demand and low sell pressure
Volume: Healthy – $2.4B in USDT confirms real interest
Price Action: Higher lows, strong buying near $116.5K
💡 Pro Tip:
Breakout confirmation comes only with a 1H or 4H candle close above $119.6K. Fakeouts are common at round levels like $120K – trade with tight risk controls.
🔥 Will BTC explode past $120K or fake the breakout?
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