Bitcoin is pushing higher toward the resistance zone as price action continues to print higher lows, maintaining the integrity of the current uptrend channel. This structure points toward the 124K resistance area as the next key upside target, with bullish momentum strengthening on the upper side of the channel.
Resistance: 124K
Broader market weakness could pressure BTC, leading to a potential retest of the lower channel support. A confirmed break below that zone would weaken the bullish structure.
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