🚀 $BTC /USDT – Bulls Targeting $120K Breakout 🚀

Current Price: $118,615.29 (+1.87%)

24H Range: $116,359.89 – $118,741.77

Analysis & Insights:

Bitcoin is holding strong near its 24H high, showing clear bullish momentum after bouncing from $116,360 support. Price action is consolidating just below the psychological $120,000 mark — a key breakout level that could spark the next wave of gains. Volume remains strong, indicating sustained institutional and retail interest.

Trade Setup (Long):

🎯 Entry: $118,400 – $118,700

🎯 Targets: $119,800 / $120,200 / $121,500

🛡 Stop Loss: Below $117,800

Trading Plan:

Look for a decisive breakout above $120,200 with strong volume for momentum continuation. Partial profit-taking near targets is recommended, while trailing stop-loss can protect gains if volatility spikes.

Future Forecast:

If BTC breaks and holds above $120K, it could trigger a rapid move toward $122K – $125K in the short term. However, rejection at $120K may lead to a pullback toward $117,500 – $116,800 before the next rally attempt. Bulls remain in control as long as price holds above $116K.

$BTC