#BTC
🚀 Expected Bitcoin Price in 24 Hours: Will it Break the $120,000 Barrier? 📈
Expected Range: from $117,500 to $120,681
Expected Close: $119,850 (+1.57%)
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🔍 Key Drivers
1️⃣ Bullish Chart Pattern (Positive Triangle):
Golden Cross Approaching (7-day average nearing the 25-day average)
Trading volume is 71% lower than the weekly average → Imminent price explosion
Strong support at $116,904 coincides with MA99
2️⃣ Whale Accumulation:
Spot trading volume of $470 million in the last 24 hours
Buying ratio of total trades is 62% (Binance data)
3️⃣ Influential Economic Factor:
Probability of a rate cut from the Fed has reached 87% → Liquidity injection into the market
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🎯 Trading Plan and Goals (Simply):
Entry: from $117,500 to $117,988
Stop Loss: $116,500
Quick Profit Taking Zone: $118,563
Important Psychological Level: $119,500
Main Target: $120,681
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⚡ Why is the $120,681 Target Possible Tomorrow?
Weakest weekly trading range since May = Ready for a +2.2% breakout
Above $118,500 there is liquidity waiting ( $123 million - Hyblock)
🏦 ETF inflows from BlackRock exceed $120 million daily → Strong institutional momentum
