$BTC 🚀🚀🚀 touched 120K$ again!
‼️BUT TO STAY BULLISH IT NEEDS TO
✅weekly candle close above $120K—ideally with a long wick on the bottom, signaling strong rejection of lower prices.
✅A weekly close above $123K–125K, clearing psychological and historical resistance—this would open the path toward $130K+.
✅ A daily trading volume above $50 billion strongly validates the move—anything below $30B/day raises red flags (likely a fakeout).
✅Bullish Engulfing weekly candle across $120K–123K: Signals strong shift in momentum with buyers taking control.
✅Hammer or Doji Rejection at $120K: Indicates sellers rejected dips—ideal precursor for breakouts.
📈📈🎯Bullish Signals Checklist
✔️ Weekly close above $123K
✔️ Daily volume ≥ $50B
✔️ Bullish candlestick formations (Engulfing, Hammer, Three White Soldiers)
✔️ Stabilization above $123K (confirming breakout)
Once these align, $130K–150K becomes the next realistic upside target momentum and institutional flows are key to sustaining the rally.
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