Bitcoin Shows Potential for Upward Movement Amid Market Challenges
Main Idea
Bitcoin's price has risen by 1.3% in the last 24 hours, showing potential for upward movement towards $120,000, with traders monitoring key resistance levels.
Key Points
1. Bitcoin's current price is $118,592, with a 1.3% increase in the last 24 hours.
2. BTC is attempting to break above the local resistance level of $118,500.
3. A breakout above $123,236 could signal a new all-time high for Bitcoin.
4. Traders are closely watching resistance levels for potential trading opportunities.
5. The market outlook suggests potential upward movement towards $120,000.
Description
Bitcoin’s price has risen by 1.3% in the last 24 hours, indicating a potential upward trend towards the $120,000 mark. Current Bitcoin price is $118,592. BTC is attempting to break
$BTC
$120024.2
+1.17%
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