๐ $BTC Chart Breakdown (Todayโs Action)
Bitcoin ๐ช is flexing strong moves, trading around $122,550 ๐ต after a fresh pump of +2,374 ๐ฅ. The coin touched highs near $123,928 ๐ and dipped as low as $119,360 โก๏ธ.
๐ Trend Check:
Momentum stays bullish โ but signals show a slight bearish divergence ๐โ ๏ธ. Traders are eyeing support at $115K ๐ก๏ธโ if broken, BTC could slide further โฌ๏ธ. Resistance remains heavy around $124Kโ$125K ๐ฅ.
๐ Pattern Alert:
Daily candles flashed a bullish engulfing ๐ฏ๏ธ๐ฅ, a setup that often pushes prices higher ๐ค. Still, RSI shows overbought levels ๐ฅ, hinting at possible pullback ๐ค.
โ๏ธ Summary:
BTC bulls ๐ want a breakout above $125K ๐, while bears ๐ป wait for weakness near support ๐. Short-term corrections may come, but the long-term uptrend remains strong ๐.
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