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🔍 Analysis of Bitcoin (BTC) – Current price: $119,624.25 (Binance data as of today)

Bitcoin continues to dominate the crypto market at historical levels, currently testing strong resistance at $120,000, which is an important psychological level for investors.

🔹 If it breaks and holds above this resistance, we may see targets at $123,500 and then $125,000.

🔹 Nearby support is at $117,800, and breaking it could push the price to re-test $115,000 as a pivot level.

🔹 The RSI indicator is currently at 68, indicating that the market is approaching the overbought zone, but the buying momentum is still strong.

🔹 Trading volumes are high, reflecting institutional and individual interest in buying at these levels.

The continued strength of buyers with positive news could push Bitcoin to new highs in the near future.

🚀 In your opinion, do we see BTC breaking 120 thousand today?