Here’s a sharp two-day outlook on BTC’s move on Binance:
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🔍 Market Pulse & Short-Term Outlook
Current Range & Momentum
Bitcoin is consolidating in the $116K–$120K zone after hitting a new all-time high near $123K last week .
Technical Signals
MACD: Flashing a short-term sell signal → suggests a potential pullback soon .
RSI: Moving into overbought territory → adds to pullback risk .
Support & Resistance Levels
Immediate resistance: ~$120,900–$122,000
Support threshold: Around $116K, with deeper floor near $111.9K
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📅 Next 48 Hours Projection
Based on Traders Union, BTC is projected to gain ~0.35% tomorrow and ~0.93% over 48 hours, targeting roughly $120.3K .
However—even with short-term bullish bent—there’s risk of a minor pullback due to overbought indicators and ETF outflows .
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🎯 Post for Binance (with Visual & Forecast)
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📈 Bitcoin Update on Binance
BTC is hovering between $118K–$120K, with bullish momentum still intact—yet watch out for a short-term pullback before a possible breakout.
🔍 48‑hour outlook: Slight rise to ~$120.3K (+0.9%), susceptibility to dip near $116K if MACD continues bearish.
Trade smart: use tight stop‑loss near support, or wait for a confirmed breakout above $122K.
#Crypto #BTC #Bitcoin #Binance #Trading
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