If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?
Or do you think bitcoin will fall more than $110000?
Bitcoin price right now is $115380.
Bitcoin holding around $115k is strong, but breaking $120k will likely need a good push from strong buyer demand or positive news. It’s possible $110k can hold as support if the bull run continues, but we should still expect some volatility.
Personally, I believe in having a long-term view while watching key levels and being ready for dips, even in a bull market.