Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist

- Bitcoin price today holds $113,298 after rejection near $114,850, with $113K acting as key support.
- Whale outflows topped $101M on Sept. 30, signaling fragile demand despite broader channel support.
- Analysts eye $116K and $120K resistance levels, with upside targets extending to $125K if breakout holds.
Bitcoin price today is trading at $113,298, slipping after rejection near $114,850 while holding support above $113,000. The market focus is on whether buyers can reclaim $116,000 and retest the $120,000 ceiling or if persistent exchange outflows will weigh on momentum.
Bitcoin Price Holds Channel Support

Bitcoin price action remains locked within a rising channel that has guided the trend since March. The daily chart shows support anchored around $111,800–$113,000, where the 50-day EMA and channel base converge.
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Read The Full Article Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist On Coin Edition.
Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist

- Bitcoin price today holds $113,298 after rejection near $114,850, with $113K acting as key support.
- Whale outflows topped $101M on Sept. 30, signaling fragile demand despite broader channel support.
- Analysts eye $116K and $120K resistance levels, with upside targets extending to $125K if breakout holds.
Bitcoin price today is trading at $113,298, slipping after rejection near $114,850 while holding support above $113,000. The market focus is on whether buyers can reclaim $116,000 and retest the $120,000 ceiling or if persistent exchange outflows will weigh on momentum.
Bitcoin Price Holds Channel Support

Bitcoin price action remains locked within a rising channel that has guided the trend since March. The daily chart shows support anchored around $111,800–$113,000, where the 50-day EMA and channel base converge.
R…
Read The Full Article Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist On Coin Edition.