Bitcoin has decisively broken and closed above the major resistance level of $120,000. Following a clean and successful retest of this level as new support, the structure confirms a strong bullish breakout.
The momentum is now building for the next leg up, with all signs pointing towards a challenge of the next significant target.
🎯 Primary Target: $135,295.5
🛡️ Major Support (Buying Zone): $118,043.66
The overall structure suggests Bitcoin is gearing up for a significant continuation pump.
The momentum is now building for the next leg up, with all signs pointing towards a challenge of the next significant target.
🎯 Primary Target: $135,295.5
🛡️ Major Support (Buying Zone): $118,043.66
The overall structure suggests Bitcoin is gearing up for a significant continuation pump.
Note
Target hit exit with profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.