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Bitcoin Eyes $120K Bulls Test Resistance

Bitcoin Consolidates as Market Awaits Breakthrough

  • Bitcoin traded at $115,051 on September 15, with a market cap of $2.29 trillion.
  • The cryptocurrency’s trading volume over the past day was $39.26 billion.
  • Intraday price range was tight, from $114,790 to $116,689, indicating consolidation.
  • Market direction remains uncertain as Bitcoin is in a recovery phase after a pullback.

Bitcoin’s current trading pattern suggests a period of consolidation with limited price movement between $114,790 and $116,689. The market capitalization stands at an impressive $2.29 trillion, highlighting its significant presence in the market.

With a daily trading volume of $39.26 billion and ongoing recovery efforts post-pullback, Bitcoin traders are closely watching for potential breakthroughs beyond the current resistance levels to reach new highs. (Source)

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