💰Bitcoin Faces Key Resistance After Bounce — What’s Next?
After the recent drop, Bitcoin is seeing a short-term bounce, but the recovery is already approaching a critical zone between $119K and $120K. This area has acted as strong resistance in the past, and sellers may step in once again to defend it.
📉 If BTC fails to break and hold above this range, the downward price action is likely to continue, potentially retesting lower support levels. Traders should watch for rejection signals around this zone, as they could indicate the next leg of the correction.
For now, the market remains in a cautious state — momentum is fragile, and risk management is key.
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