📰 Bitcoin (BTCUSD) Poised for Breakout as Bulls Challenge Critical $120,000 Resistance Amid High Liquidation Risks
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Jul 18, 2025, 15:22 EDT
| 🔗 Source: U.Today
🧠 Summary
Bitcoin retests critical $120,000 resistance after a breakout, facing high liquidation risks near $117,000. A confirmed move above $122,000 could spark a bullish surge toward $130,000, but failure to hold support may trigger sell-offs to $110,000 levels.
💡 Why this signal?
- Bitcoin's breakthrough above $120,000 coupled with strong regulatory moves signals increased institutional confidence and mainstream adoption.
- The establishment of the regulatory framework reduces market uncertainty, encouraging broader participation and potential price growth.
- Analyst forecasts and rising corporate treasury allocations to bitcoin suggest sustained upward momentum over coming months.
📈 BTCUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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