Bitcoin Nears $112K After Breakout From Consolidation, Testing Key Resistance Levels
The post Bitcoin Nears $112K After Breakout From Consolidation, Testing Key Resistance Levels appeared on BitcoinEthereumNews.com. Bitcoin has surged past the $111,000 mark, breaking out of a prolonged consolidation phase and signaling renewed bullish momentum in the crypto market. This breakout was accompanied by a significant volume spike, confirming strong buying interest and resetting Bitcoin’s short-term trend. According to COINOTAG, “The breakout candle and volume surge indicate a decisive shift in market sentiment, positioning Bitcoin for a potential retest of the $112,000 resistance level.” Bitcoin breaks above $111K after a strong volume-backed breakout, resetting momentum and eyeing resistance near $112K in a bullish market shift. ‘, ‘
The post Bitcoin Nears $112K After Breakout From Consolidation, Testing Key Resistance Levels appeared on BitcoinEthereumNews.com.
Bitcoin has surged past the $111,000 mark, breaking out of a prolonged consolidation phase and signaling renewed bullish momentum in the crypto market. This breakout was accompanied by a significant volume spike, confirming strong buying interest and resetting Bitcoin’s short-term trend. According to COINOTAG, “The breakout candle and volume surge indicate a decisive shift in market sentiment, positioning Bitcoin for a potential retest of the $112,000 resistance level.” Bitcoin breaks above $111K after a strong volume-backed breakout, resetting momentum and eyeing resistance near $112K in a bullish market shift. ‘, ‘
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