📰 Bitcoin (BTCUSD) Falls from $120K Resistance Amid Altcoin Surge; BNB Hits New All-Time High
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Jul 23, 2025, 04:47 EDT
| 🔗 Source: CryptoPotato
🧠 Summary
Bitcoin struggles below $120,000 resistance, slipping due to profit-taking despite recent recoveries. Altcoins like BNB hit new highs, boosting overall crypto market cap above $4 trillion amid strong daily gains.
💡 Why this signal?
- Bitcoin’s repeated failure to surpass the $120,000 resistance level signals potential short-term bearish pressure driven by profit-taking.
- Strong altcoin performance, especially BNB's record high, diverts investment and dominance away from BTC, weakening its market lead.
- Market volatility remains high as Bitcoin's price swings and altcoin surges collectively indicate a cautious trading environment.
📈 BTCUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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