#Bitcoin HIGH TIME FRAME LEVELS BREAKDOWN: ~ High time frame bull trend is maintained with price above $84,500. ~ Key resistance is $120,600. This has the potential for a large rejection if price cannot break through. Must be aware of this level. - IF NO REJECTION; price should absolutely soar. There are no logical levels anywhere close above this level that should peak sellers' interest. - IF REJECTED; price must maintain $102,500 to avoid dropping back to the $84,500 level. ~ Weekly price closing below $84,500 would signal a new bear trend. ~ See $69,000 top in November 2021 for similarities and why price can still do something similar. ~ All bearish arguments were 95% nullified with the weekly close above $102,500 recently, but bears' last gasp chance is that potentially strong Fibonacci resistance level above and subsequent loss of the $102,500 level and $84,500 (a.k.a. Bears have a shit ton of work to do to have a fighting chance at being "right" but they've likely been "wrong" for quite some time now) - Let's take it level by level and keep an eye on that key 1.337 Fib resistance around $120,600! Levels noted are from Fibonacci and alerts provided by @TopGoonX which is my trend indicator.