“BTCUSD Road to 120K – But Watch the Trap Ahead!”“BTCUSD 🚀 Road to 120K – But Watch the Trap Ahead!”
Bitcoin has shown strong momentum after a liquidity sweep around 108,000, signaling that big players collected orders before pushing price higher. This is a common smart money concept (SMC) move where liquidity is grabbed before the next leg.
🔑 Key Points to Note:
Previous Support Flip: Market reclaimed the broken support, turning it into a base for continuation.
Upside Target: The next major resistance zone is 120,000 – 123,000, where sellers are likely to step in.
Market Behavior: Price often sweeps liquidity before testing strong resistance, so patience is key.
Potential Pullback: Once resistance is tapped, a correction may follow as profit-taking starts.
📌 Educational Takeaway: Always watch how price reacts at liquidity zones and key resistance points. These levels often decide whether the trend will continue or reverse.
📈 For now, short-term bias = bullish toward 120,000, but be cautious for a possible rejection at that zone.
