Bitcoin Consolidation Poised to Trigger $135K Breakout, Data Suggests

Bitcoin Consolidation Poised to Trigger $135K Breakout, Data Suggests

Bitcoin’s current consolidation, marked by a narrow trading range between $115K and $120K, is setting the stage for a potential surge to $135K. Despite facing significant selling pressure at the $120K resistance level, bulls have managed to hold firm, suggesting that the cryptocurrency may soon break out to new highs. Key Market Insights Resistance at $120K–$123.2K: Bitcoin faced resistance at $120K on Wednesday, triggering $285.2 million...

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