$BTC /USDT – Bullish Momentum Intact, Eyeing Higher Targets
$BTC is maintaining strong upward momentum, currently trading at $119,886.25 after touching a 24h high of $120,324.43. The asset has been steadily climbing from its 24h low of $118,207.47, showing resilience and attracting consistent buying interest.
The recent push toward the $120K zone signals strong market confidence. A sustained hold above this level could open the path toward fresh highs in the short term. Rising volume, now over 1.98B USDT, confirms active participation from both retail and institutional traders.
Updated Trade Setup:
Entry on Dip: $119,400 – $119,800
TP1: $120,800
TP2: $121,500
TP3: $122,500
Stop-Loss: Below $118,900
Risk Management Tips:
Use a stop-loss to lock in profits during volatility.
Avoid chasing green candles; wait for healthy pullbacks.
Move stop-loss above breakeven after TP1 to protect gains.
If BTC holds above $119,800, momentum could accelerate toward $121K+. Keep an eye on volume for breakout confirmation.