Bitcoin Resistance at $120K Hints at Consolidation Before Impulse Rally to $135K

Bitcoin’s Next Stop Could Be $136,000, According to Glassnode

This week, Ethereum and a range of altcoins followed suit, with ETH posting notable gains despite still trailing its peak price levels. Market analysts are now focused on whether this bullish momentum can be sustained. According to Glassnode, a leading on-chain analytics firm, Bitcoin’s breakout past $120,000 is more than just psychological—it also represents a key technical level. Glassnode’s latest data reveals that short-term BTC holders are …

Bitcoin: Repeated Failures at 120K Barrier Warn of Further Sideways Action - Action Forex

BTCUSD continues to trade in the sideways mode for the seventh straight day, with repeated failures to register close above psychological 120K level indicating that larger bulls might be losing traction after last Monday’s short-lived spike to new all-time high above 123K. The notion could be supported by overbought weekly studies and weekly action being […] The post Bitcoin: Repeated Failures at 120K Barrier Warn of Further Sideways Action appe…

Bitcoin Price Rejects $120k After Mixed US PPI Inflation Report

Bitcoin briefly topped $120k after a flat PPI report but quickly fell as traders eyed mixed details The June headline PPI was flat, but underlying data shows inflation remains above the Fed’s 2% target In other news, the U.S. House passed three major crypto bills, boosting the industry’s outlook The U.S. Producer Price Index (PPI) showed no change in June, according to data released Wednesday by the Bureau of Labor Statistics. This was below eco…

Bitcoin Back Above $120K as Clear Crypto Policy ‘Invites’ Capital, Institutions

Bitcoin has slowed following a profit-taking dip, but investor conviction is rising as U.S. lawmakers advance new crypto legislation.

Bitcoin Price Targets $123K As Bulls Regain Control—Will $126K Be Next?

Bitcoin (BTC) is regaining bullish momentum after a healthy pullback, with the flagship cryptocurrency now consolidating above the $119,000 mark and eyeing a breakout past $120,500. The price recently broke a critical bearish trendline, suggesting bullish control is strengthening in the short term. $115K Rebound Sparks Fresh Hopes for Bulls After reaching a swing high […]