#BTC110KToday?

Crypto trader Ibrahim Cosar said Bitcoin’s recent move back above its 50-day exponential moving average (EMA) may set the stage for a rally toward $120,000.

According to Cosar, the 50-day EMA remains a key technical level that has historically acted as strong support during corrective phases within uptrends. He noted a recurring pattern where brief dips below this level, followed by quick recoveries, exhibit bullish breakouts of 10% to 20%. The analyst added, $BTC