Bitcoin Surges Beyond Critical Levels as Bulls Take Charge

Key Points

1. Bitcoin's weekly closing above $119,200 is a significant technical signal, with potential for continued upward movement if support levels hold.

2. Pudgy Penguins (PENGU) has achieved an all-time high weekly close, surpassing a major resistance level, indicating a strong upward trend.

3. At the time of writing, Bitcoin is trading at $118,183 and Pudgy Penguins at $0.041, with both assets attracting investor attention.

4. Analysts warn of potential short-term price fluctuations and advise investors to be cautious and conduct their own research due to market volatility.