🚀 BITCOIN: IS THIS THE CALM BEFORE THE NEXT RALLY? 📈
Bitcoin has just delivered a powerful surge, hitting highs of $122,335 before a period of quick profit-taking. This kind of sharp move often leads to a healthy short-term retest, potentially setting the stage for the next leg up.
MARKET OUTLOOK & KEY LEVEL
The overall trend remains strongly bullish. We may see a retest of the $119K–$120K support zone, which could provide an excellent entry point for traders.
* Support Zone: Watch the $119K level. If BTC holds this support during a pullback, it could be a key sign of strength.
* Resistance Zone: A break above $122K could signal a fresh push toward new all-time highs.
Traders should watch for strong confirmation candles and rising volume at key support levels—these will be the high-probability signals for the next move.