$BTC /USDT – Key Levels for Bulls & Bears
Market Analysis & Insights:
Bitcoin is consolidating just above $120K, with traders eyeing the $122K – $123K zone as a decisive battleground. A strong breakout above this range could invite aggressive buying and trigger a rally, while a rejection could send BTC back toward lower supports.
Bullish Scenario:
Setup: Long on confirmed breakout above $123,000
Entry Zone: $123,200 – $123,800
Targets: $125,000 / $126,000
Stop Loss: $122,200
Bearish Scenario:
Setup: Short on rejection near $122,000 – $123,000
Entry Zone: $121,800 – $122,800
Targets: $120,000 / $118,000
Stop Loss: $123,500
Trading Outlook:
BTC is at a decision point — the next move will likely set the tone for the coming week. Monitor breakout volume closely and manage position size to avoid being caught in a false move.