#BTC

Trend: Still bullish overall — trend started around $81,426 and remains intact.

RSI: Currently in the strong to overbought zone (near 70), meaning price could face short-term resistance soon.

Support & Resistance:

Immediate resistance: ~$120K

Support: ~$116K and stronger support at ~$112K–114K zone.

Entry Idea

If you want a safer entry, wait for a retest near $116K–$114K support, and RSI cooling toward neutral (40–55 range).

Aggressive entry could be on a breakout above $120K with strong volume.

Exit / Take-Profit Zones

First TP: ~$122K–124K (psychological resistance).

Second TP: ~$126K+ (next key resistance from trend channel top).

If RSI crosses 80 with weakening momentum, consider partial profit-taking.

#BTC #Market_Update #BTCReclaims120K