[Bitcoin resistance at $120K hints at consolidation before impulse rally to $135K]
Bitcoin technical charts suggest BTC could remain range-bound for an extended period of time. Cointelegraph explains ...

<p><img src="https://static.fwimg.io/img/1px.png" alt="Bitcoin resistance at $120K hints at consolidation before impulse rally to $135K"></p><p>Bitcoin technical charts suggest BTC could remain range-bound for an extended period of time. Cointelegraph explains why.</p>

Bitcoin resistance at $120K hints at consolidation before impulse rally to $135K

Bitcoin's fundamentals have never changed; what has changed is its price in a continuously depreciating fiat currency system.

The real risk of Bitcoin is never price pullbacks.

Author: Nancy, PANews
Original title: No Black Swan Events, Four Atypical Guesses About the Culprit Behind Bitcoin Overselling
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A black swan-style crash has arrived, but we haven't seen where the black swan is, which is even more unsettling.
Almost without warning, Bitcoin suddenly plummeted, entering its third-largest oversold zone in history, causing both long positions to collapse and psychological barriers to fall. This has left the market perplexed...

The absence of black swan events suggests there may be other reasons for Bitcoin's current oversold condition.

Bitcoin has risen over the $70,000 threshold, giving markets hope that the market meltdown may be coming to a close. Since the end of January 2026, the largest cryptocurrency by market cap has continu...