8.13 Bitcoin (BTC ) market analysis reference
The price of Bitcoin rose yesterday but failed to effectively break through the 120,000 mark. The market saw a strong spike, with short-term fluctuations, touching a low near 118,000 before stopping the decline. Subsequently, as expected, it recovered and moved back above 119,000. However, it did not break the resistance at the 120,000 level, and the market is under pressure, entering a high-level consolidation again. If it breaks through the 120,000 mark during the day, the increase is expected to continue; otherwise, it will maintain consolidatio
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