Bitcoin is once again proving its strength in the markets. In just the past 24 hours, more than 23,000 BTC — worth an eye-popping $2.67 billion — have been pulled off exchanges. This signals a wave of confidence from big players, showing they’re holding for higher prices rather than preparing to sell. 💰🔥
Adding to the excitement, the squeeze momentum indicator is flashing bullish, supporting Bitcoin’s ongoing rally despite broader market volatility.
At the time of writing, BTC trades at $116,027, pressing against resistance at $117,261. If bulls can push past this level, the path toward the highly watched $120,000 zone opens wide 🚀.
However, traders are also keeping a cautious eye on the downside. A drop below $115,000 could shift momentum, dragging the price down to the $112,500 area. ⚠️
With strong accumulation, favorable momentum, and critical price levels in play, Bitcoin stands on the edge of another historic breakout — but the market remains a game of precision and timing. ⏳📊
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