🔥 $BTC /USDT – Bulls Eyeing $122K Breakout!
Bitcoin is trading at $120,113 with a steady +1.04% daily gain, holding strong above the $118K support zone. Momentum is leaning bullish, and a breakout above $122,300 could ignite the next leg toward $125K+.
📊 Market Analysis:
Trend: Short-term bullish, riding higher lows on the 4H chart
24h Range: $118,050 – $120,192
Volume: 16,940 BTC traded in 24h — healthy liquidity for an upside push
Key Support: $118,000
Key Resistance: $122,300
🎯 Trade Setup (LONG)
Entry: $119,800 – $120,300
Target 1: $121,500
Target 2: $122,500
Target 3: $125,000
Stop Loss: $118,400
📅 Outlook:
As long as BTC stays above $118K, bulls control the game. A clean break of $122.3K with volume could lead to fresh highs this month. Watch for quick scalping opportunities near $121.5K and $122.5K zones.