$BTC Golden resistance faced! 💥
Bitcoin has confidently surpassed the $120K barrier… 🚀
Why does this moment deserve your attention as a smart trader?!🔥
💰 Current price: ~120,625 $, with a daily increase of +2.84%. This rebound came after strong support near $112K, reflecting tangible institutional demand and a quiet technical breakout.
📊 Bitcoin faces significant resistance at $122K–$123K based on the golden ratio of 1.618. The previously important support at $108,300 has become a new base. Technical signals (such as MACD and the cup and handle pattern) suggest the possibility of momentum continuing towards new areas.
🧠 There are increasing institutional flows towards BTC, optimism following regulatory moves like the Genius Act, and warnings of potential temporary pullbacks due to dollar strength or market volatility, but the consensus supports its continuity.
🚀 Key upcoming opportunities:
If resistance at $123K is broken, it may open the way towards $134,500 (+14%). Trading on this breakout while setting a stop loss appropriately represents a potential opportunity for profit without recklessness.
👈"Follow us for actionable BTC analyses and smart trading decisions."🔥
