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Bitcoin Price Update

Bitcoin (BTC) is consolidating just below the $120K level, cooling off after reaching its all-time high of $124K.

BTC Chart (Source Coingecko)

Key Levels to Watch:

  • Support: $110K – $108K
  • Resistance: $117K – $124K

Market Outlook:

  • Bulls remain in control as long as BTC holds above major trendlines.
  • Long-term holders are selling less, reducing supply pressure on the market.

What’s Next?

  • A breakout above $124K could ignite the next major rally.
  • A drop below $110K may pull BTC toward the $100K – $104K zone.
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