$BTC

. Technical Analysis — "Are We Approaching Resistance at $120k?"

Post:

> "🔍 Quick Analysis: The price of Bitcoin on Binance today is estimated at around $119,125. We notice a proximity to the psychological resistance area at $120k. The RSI indicator on the daily frame shows signs of slight overbought, while the 50-day simple moving average (SMA50) is still supportive at the $117k floor.

The potential for correction is limited, but a clear breakout above $120k could push the price towards $123k, close to its all-time highs.

What do you think? Will we witness a break of resistance today?"

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