$BTC 🚀 #Bitcoin Update – Support & Resistance Analysis 💹
BTC/USDT is trading around $123,918 (+3.55%), after touching a 24h high of $124,474. Bulls are showing strong momentum on the 4H chart, with price staying above key moving averages – MA(7) at $121,503 and MA(25) at $119,998.
🔹 Immediate Support: $122,880 – holding this zone could keep bullish pressure alive.
🔹 Strong Support: $120,840 – if tested, buyers may step in aggressively.
🔹 Resistance Level: $124,474 – breaking this could open the way toward $125,500+.
📊 Trend remains bullish, but watch for possible pullbacks before the next leg up. 🌟 #BTC #cryptouniverseofficial $BTC