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Bitcoin Price Watch: Bulls Target $120K Amid Strong Technical Breakout

Bitcoin traded in a tight band between $117,705 and $118,091 over the last hour, as bullish momentum continues to ripple through the crypto market. The leading cryptocurrency holds a market cap of $2.34 trillion, with 24-hour trading volume at $81.33 billion and an intraday price range between $110,768 and $118,839, highlighting a broad and volatile trading session.

On the daily chart, bitcoin exhibits strong bullish momentum, confirmed by a breakout above the former resistance of $112,000. The move is supported by a volume spike, signaling conviction in the uptrend.

Bitcoin Price Watch: Bulls Target $120K Amid Strong Technical Breakout

Bitcoin traded in a tight band between $117,705 and $118,091 over the last hour, as bullish momentum continues to ripple through the crypto market. The leading cryptocurrency holds a market cap of $2.34 trillion, with 24-hour trading volume at $81.33 billion and an intraday price range between $110,768 and $118,839, highlighting a broad and volatile trading session.

On the daily chart, bitcoin exhibits strong bullish momentum, confirmed by a breakout above the former resistance of $112,000. The move is supported by a volume spike, signaling conviction in the uptrend. 

https://news.bitcoin.com/bitcoin-price-watch-bulls-target-120k-amid-strong-technical-breakout/