Bitcoin is consolidating after another rejection from the 117K–120K resistance zone. This area previously acted as strong supply and is now being retested. The key level to watch is the 110K–112K support — holding this zone would confirm a higher-low structure and keep the bullish trend intact.
If price fails to hold, the next major support lies near 70K–75K, aligned with the macro demand zone and long-term ascending trendline. A clean break above 120K would likely open momentum toward new highs, but until then, the market remains range-bound between support and resistance.
If price fails to hold, the next major support lies near 70K–75K, aligned with the macro demand zone and long-term ascending trendline. A clean break above 120K would likely open momentum toward new highs, but until then, the market remains range-bound between support and resistance.
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Disclaimer
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