#BTC
1. Bullish Scenario:
If the price continues to rise and consistently breaks the $120,000 level, the next target may be at $121,976 and then towards $122,800–$122,900.
Some analyses expect an extension towards $130–$134 thousand if the positive momentum remains supported by factors such as positive executive orders and institutional liquidity.
2. Bearish Scenario:
If the price swings down and breaks the support of $110,000–$112,000, it may drop to $107,000, and if the break continues, it could reach the $100,000 range.
A deviation from the bullish trend may occur if the price drops below $108,300, according to technical analysis.
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️ Summary:
Trend Key Levels
Bullish Break of 120,000 → Resistances at ~122,000–123,000 dollars, and expectation of an extension towards 130–134 thousand dollars
Bearish Break of support 110–112k → Drop to 107k, and possibly 100k if selling pressure continues
Current Support Between 110–114k dollars
Current Resistance Around 120k dollars, followed by 121,976 and 122,897 dollars
