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Bitcoin Eyes Strong Reversal as Bulls Regain Momentum BTC/USD Technical Outlook Bitcoin (BTC) is currently trading around $115,000, showing signs of a potential bullish reversal after weeks of consolidation. The chart structure highlights strong support near $110,000, where buyers stepped in aggressively, preventing a deeper decline. This bounce suggests renewed optimism among traders, setting the stage for a possible retest of higher resistance levels. Chart Patterns and Key Levels The chart shows a series of higher lows, indicating that the bearish momentum is fading. If Bitcoin continues this trajectory, the next critical resistance lies around $120,000 – $124,000. A breakout above this range could open the path toward $128,000 and beyond, potentially pushing BTC back into a strong uptrend channel. On the downside, if BTC fails to hold above $112,000, it may revisit support around $105,000 – $108,000, which would act as a crucial demand zone for buyers. MACD Signals Bullish Shift The MACD indicator at the bottom of the chart is showing early signs of a bullish crossover. The histogram bars are shrinking, and the blue signal line is curving upwards, hinting that selling pressure is weakening. This technical signal aligns with the upward channel, supporting the case for a short-term rally. Market Sentiment and Altcoin Impact With Bitcoin stabilizing and showing strength, the broader crypto market could benefit. Historically, Bitcoin’s strong rebound has often paved the way for altcoin rallies, sparking mini “altseasons” as traders rotate profits. Conclusion Bitcoin is at a decisive point. Holding above $112,000 could fuel a strong move toward $124,000 in the coming weeks. Technical indicators, including price structure and MACD momentum, support a bullish outlook. Traders should watch resistance levels closely, as a confirmed breakout could trigger the next major leg up.

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“Everyone asking me about the new Bitget coins – $OPEN , $ART , $AVNT , $SWTCH . Honestly, all are acting like fresh listings usually do: 🚨 quick dump, sideways trading, now waiting for direction. If you’re following these, focus on community updates + trading volume, not just the chart candles. The real moves usually come later.”