Will BTC dump further from here or pump? That’s a very important question. BTC is currently trading around the $118K level and if we look at it this is the 4th time BTC is facing rejection from the $120K zone. Apart from that if today’s monthly closing happens above $115K it will be a strong bullish signal for BTC and its momentum could become even stronger. Personally I’m looking at BTC going up to $128K. Minor corrections can come in between to liquidate high leverage positions. Short-term support remains at $112,300 which is a solid buying zone.

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