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Bitcoin’s $120K Dream Hits a Wall: Key Trendline Rejection Sparks Market Jitters
Bitcoin’s $120K Dream Hits a Wall: Key Trendline Rejection Sparks Market Jitters
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Bitcoin bulls just got a reality check—the king crypto's march toward $120K slammed into a brick wall below a critical trendline. Here's why traders are sweating.
The Breakdown That Broke the Bullish Spirit
After weeks of hype, BTC's breakout attempt fizzled faster than a meme coin's utility. The failure to hold above that key level has analysts whispering about a potential trend reversal—or at least a detour to 'rekt city.'
What's Next? (Besides the Usual Hopium)
With institutional money still on the sidelines—probably waiting for their third yacht approval—retail traders are left holding the bag. Again. Watch those support levels like a hawk… or prepare for the classic crypto 'buy high, sell low' special.
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