Bitcoin Resumes Bullish Momentum After Correction
After reaching our initial target, BTC pulled back for a corrective move down to 118,000.
That bearish phase now appears to be complete near $118,000, with bullish momentum gaining strength once again.
Price action is currently breaking above yesterday’s high, reinforcing the upward move and adding conviction to the bullish outlook.
📍 Key Levels to Watch:
Quick target: 122,600
Extended targets (if a new all-time high is confirmed): → 126,200 → 130,000
If BTC establishes a new historical high, the probability of reaching these extended targets increases significantly.
You may find more details in the chart!
Thank you and Good Luck!
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