#BTC callback to 120,000, is this the perfect opportunity to buy the dip? If you miss this wave, you'll regret it!
Analyzing Bitcoin's trend from a daily chart technical perspective. Recently, after BTC reached an all-time high, it experienced a pullback, mainly due to profit-taking from earlier positions.
However, from an overall trend structure perspective, Bitcoin is still operating within a clear ascending channel, and the short-term moving average system below is providing effective support.
Based on this, during the short-term pullback, it is essential to focus on the support strength at the 120,000 round number. Once the price has adjusted and gathered momentum at this level, it is highly likely to continue its upward trend, launching a new round of attacks towards the previous high point at the 124,000 resistance level.
Later, I will publicly share my layout in the internal luxury group, when to enter, when to exit? How to catch strong coins? What should the take-profit be set at? The top performers will inform fans in the luxury group as soon as possible, just follow my thinking and execute what I say, you will definitely reap the rewards!
