$BTC /USDT Inches Toward $120K — Breakout Brewing or Fakeout Trap? ⚠️🚀
Bitcoin is now trading at $119,399, showing a +1.30% gain over 24h, with volume hitting $1.89B. Price action is climbing steadily from the $116,467 low, approaching the critical $120K psychological barrier.
MA(5) > MA(10) shows short-term bullish pressure, but with RSI nearing overbought zones, is this a final leg up — or a bull trap in disguise?
Will BTC finally break $120K this week?