Bitcoin has entered a major resistance zone near $103,400. A confirmed breakout above this area could open the path toward $120,000. However, if bulls fail to hold, a retest of the $96,000 support is likely. Price action in the next few candles will be crucial – stay alert for either a breakout continuation or a rejection setup.
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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.