According to @MilkRoadDaily, Bitcoin (BTC) is approaching a significant resistance level at $120,000, which is highlighted as the next major hurdle for the cryptocurrency. The source emphasizes that a decisive breakout above this level could trigger a strong upward move, potentially leading to increased trading volumes and heightened bullish momentum. Traders are advised to closely monitor the $120K mark for possible breakout opportunities, as surpassing this resistance could signal the start of a new BTC rally. Source: @MilkRoadDaily

According to @ReetikaTrades, Bitcoin (BTC) has shown a strong reaction near its recent support zone, signaling potential volatility as traders anticipate the weekly open. The 120k level is highlighted as a significant resistance point, and market participants are advised to observe whether BTC will be capped at this level again. This price action is crucial for short-term trading strategies as it may guide entry and exit decisions based on resistance and support dynamics (source: @ReetikaTrades).