🔥 Bitcoin Poised for a Break — Will the Bulls Deliver the Final Blow? 🚀📊
$BTC / USDT
📈 Bitcoin is eyeing a breakout above $120,000 – the final push could trigger a bullish surge!
💥 Current Highlights:
✅ Price back above $118,500
✅ Broke bearish trendline at $118K (hourly chart)
✅ Sitting above 100-hour SMA – bullish bias confirmed!
🧨 If BTC breaks $120,200, the rally may extend toward:
🎯 Target 1: $121,000
🎯 Target 2: $122,500
🎯 Target 3: $123,200+
🔁 But Watch Out...
If bulls fail to break $120,200, bears may retest key support levels:
🛑 $119,200, $118,500, and then $116,500
💣 Further losses could drag it below $115K
📊 Technical Snapshot:
🧠 MACD: Falling, but still in positive zone
📶 RSI: Above 50 — bullish territory
📌 Major Support: $119,200 / $118,500
📌 Major Resistance: $120,200 / $121,000
⏳ Consolidation or Breakout Incoming? Keep your eyes glued!
BTC is at a make-or-break moment. 💣💥
🔥 #BTCvsETH | 🌐 #CryptoMarket4T | 💰 #BTC | 📈 $BTC