๐จ Bitcoinโs Insane Comeback: Is a $120K Explosion Next?! ๐ฅ
Bitcoin just shocked the market with a V-shaped rebound, blasting past $114,000 after a brutal sell-off โ but is the rally already running out of steam? ๐ฑ
๐ฅ BTC roared back above the $113,500 mark, reclaiming lost ground after dipping under $110,000. But hereโs the catch โ the worldโs top crypto is now facing fierce resistance near $116Kโ$118K, and the charts are flashing warning signs.
๐ฃ On the hourly $BTC /USD chart, a dangerous downtrend line looms around $119,500. If bulls canโt break through, another gut-wrenching drop could be on the horizon.
๐ Key Levels to Watch:
๐ Resistance: $116,000 โ $118,000 โ $120,000
๐ Support: $114,000 โ $113,500 โ $112,500
A clean breakout above $118K could ignite a massive surge toward $120K and beyond, but failure here might send BTC spiraling back below $113K.
Will the bulls keep the fire alive - or are we bracing for another crash? โก
