“🎯 Target smashed! $BTC tapped $120K right on cue. Who else caught this move? 🚀

📈 Bitcoin (BTC) Technical Analysis Update

Bitcoin is showing strong bullish momentum after breaking above a key resistance level around $117,000. The current support holds near $115,500, while the next major resistance is around $118,000.

Key indicators:
• RSI is neutral at 65, suggesting room for growth.
• MACD shows a bullish crossover, reinforcing the upward trend.

My take:
I believe Bitcoin is gearing up for a solid push toward $120,000 if it can sustain above $117,000. The momentum looks promising, but it’s crucial to watch the $115,000 support closely. A dip below that could signal a short-term pullback. I’m cautiously optimistic and staying ready to adjust my positions as the price action unfolds.

Potential trade setup:
• Entry: Above $117,000
• Take Profit: $120,000
• Stop Loss: Below $115,000

Always remember to do your own research and manage your risk responsibly.

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#bitcoin #BTCanalysis #CryptoTradingInsights #TechnicalAnalysis #BinanceSquare

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