Best free crypto signals website
Best free crypto signals website

BTC Back To $120K: Buying Levels Revealed

Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a ‘buying dip’ opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance.

BTC Next Target

  • Price: $114,307.00
  • Intraday High / Low: $114,553 / $109,743
  • Market Cap: (based on circulating supply)
  • 24-Hour Trading Volume: (elevated)
  • Circulating Supply: ~19.9 million BTC
  • Max / Total Supply: 21 million BTC
BTC Next Target

After breaking out of Sideways Channel ($108K – $121K), price made a new ATH of $126k but crashed four days later as low as $102K. It’s recovered back to $112K support, which is also close to 200 SMA of $106K (also support). We would be buyers in the $106K-$112K support zone. Notice the long down wick. Those are often re-traced. Long-term, we believe that the FED is likely to continue to cut interest rates in the next 3 months by 50 bps or more, which should be bullish for BTC and altcoins.

Buy Now

Key Indicators & Market Signals

  • BTC is pushing toward resistance levels around $115,000–$116,000; a breakout could signal further upside.
  • Support lies near $110,000; holding this zone is critical to prevent deeper pullbacks.
  • Recent strength is fueled by renewed institutional inflows and macro optimism, especially around rate cuts.
  • Some overbought signals are visible on shorter timeframes, so a near-term retracement is possible if sellers step in.

Latest News Highlights

  • Bitcoin posted a strong gain today, closing above $114K and outperforming many altcoins.
  • Institutional and ETF flows are helping underpin BTC’s strength.
  • Analysts are watching how BTC handles the resistance zone—failure to break through may lead to rangebound behavior.

Summary

Bitcoin is trading at $114,307, holding between support at $110,000 and resistance near $115,000–$116,000. A successful break higher could target $120,000+, while failure to defend support might invite a dip toward $105,000–$108,000. Macro trends, institutional demand, and momentum signals will likely determine BTC’s near-term path.