The Bitcoin market has recently shown remarkable performance. Although the 4-hour chart presents a downward trend, this is actually just a process of narrowing fluctuations. What is worth following is that this state of oscillation has lasted for quite a long time and has occurred in a relatively high area, which undoubtedly increases the uncertainty of the market.



The current market seems to be nearing its end, and market participants generally expect a new round of trends to begin soon. Some analysts believe that the price of Bitcoin may rise again, with a target price around $125,000.

In the short term, the market focus is on the range of $116,000 to $116,500. If this key resistance level can be broken, the next important target will be around $120,000. Investors should closely monitor the breakout of these price levels to gauge the direction of the market.

However, we must also be vigilant, as the cryptocurrency market has always been highly volatile, and price predictions are always uncertain. Investors should comprehensively consider various factors when making decisions and remain alert at all times, ensuring proper risk management.
BTC-0.76%
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ser_we_are_ngmivip
· 07-22 04:50
Continue big pump, just do it.
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ApyWhisperervip
· 07-22 04:50
Don't rush to Margin Replenishment when you're bearish.
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ParallelChainMaxivip
· 07-22 04:45
Charge, charge, charge 125k
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MysteryBoxBustervip
· 07-22 04:36
Fluctuation is too large, almost like a casino.
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bridge_anxietyvip
· 07-22 04:33
Just wait for this wave of fluctuations to da moon.
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