Bitcoin reached a new high during the morning US stock market after hours. The US S&P and Nasdaq also reached new highs during the session.
After a morning surge, it began to pull back. The pullback has not seen significant volume. It started to decline during the day, with many retail investors beginning to exit.
After breaking through the new high, there has been no continued increase in volume. Therefore, whether it can continue to rise after a brief pullback in the short term will depend on the competition around the 120,000 position this evening.
Resistance above: 124740/126800
Support below: /120500/119600/118500/117200/116400
#BTC