Is Bitcoin ready to break through $122,000? Surge in on-chain wallets + skyrocketing trading volume releases bullish signals!
Bitcoin forms higher lows around $114K, technical indicators show a breakout structure is taking shape.
Key signals overview:
Daily trading volume surges by 18.45%, trading interest heats up
Current price: $114,714, monthly increase over 6%
Support solid at $110K, resistance concentrated at $122K
Wallet addresses exceed 100 million! Whales continue to accumulate!
Multiple analysts are unanimously bullish:
"After confirming a breakout above $122K, BTC is expected to aim for $140K"
"Repeat consolidation - breakout structure, similar to early rebound trends"
"After three weeks of sideways movement, it may experience a surge like ETH"
Volume + wallet accumulation + higher lows form a typical structure on the eve of a bull market explosion; this round of correction may just be the last buildup before the breakout.
Risk control point: If it retraces to support at $110K, short-term fluctuations are still within expectations; if it breaks out above $122K with volume, the target directly points to $140K!
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