๐ Bitcoin Near $120K: Is the Next Breakout Coming?
Bitcoin (BTC) is consolidating in the $116Kโ$120K range, holding strong despite mixed market signals. Institutional interest remains high, with spot BTC ETFs and corporate reserves boosting long-term sentiment. Regulatory clarity from the U.S. is adding further momentum to the bullish narrative.
Key Levels to Watch:
Support: $116Kโ$115K โ A crucial zone for dip buyers.
Resistance: $120Kโ$123K โ A breakout above this zone could push BTC toward $126Kโ$130K.
Volume Check: A confirmed breakout needs strong trading volume to sustain upward momen
Bitcoin (BTC) is consolidating in the $116Kโ$120K range, holding strong despite mixed market signals. Institutional interest remains high, with spot BTC ETFs and corporate reserves boosting long-term sentiment. Regulatory clarity from the U.S. is adding further momentum to the bullish narrative.
Key Levels to Watch:
Support: $116Kโ$115K โ A crucial zone for dip buyers.
Resistance: $120Kโ$123K โ A breakout above this zone could push BTC toward $126Kโ$130K.
Volume Check: A confirmed breakout needs strong trading volume to sustain upward momen