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#BTC #BTC Hits New ATH #ETH Countdown To A New High #Show My Alpha Points
BTC/USDT 1H Analysis
On the 1-hour timeframe, Bitcoin is facing strong resistance at $124,537 and strong support at $122,000.
📈 If BTC pushes upward and attempts to break the $124,537 resistance, we will wait for a clear breakout confirmation before considering a short entry.
📉 If BTC fails to break resistance and only tests it, we will also look for short opportunities from that level.
🔻 On the downside, if BTC breaks the $122,000 support, the next potential target could be around $120,000.