🚀 Bitcoin Market Update – July 24 🔥
🟡 Is $120K the next stop for BTC? 🧐📈
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📊 Current Price: $118,646
🟢 24h Change: Slight uptick (~+0.1%)
Bitcoin continues to show strong bullish momentum, and here’s why:
🔹 Institutional adoption is heating up
🔹 Regulatory clarity is boosting sentiment (Genius Act, Strategic Bitcoin Reserve)
🔹 Massive ETF inflows continue to support the price
🔹 RSI still within room for growth 📈
🔹 Market structure remains intact above $115K support
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⚠️ Key Risk Levels:
Pullback zone: $115,000 – $118,000
Resistance zone: $120,000 – $123,000
A rejection around $120K could bring short-term volatility
📌 Pro Tip:
Set tight stop-loss below $115K, and keep an eye on the news cycle for regulatory decisions and ETF data.
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🧠 What's Your Take?
Will Bitcoin break through $120K this week?
🗳️ Vote below:
👍 Yes, bullish trend continues
💬 No, likely pullback
🔥 ATH coming soon!
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