{"content":"🔥 Bitcoin at $120K — Calm Before the Storm or Start of a Slide? Bitcoin finished with a tombstone doji while maintaining above a crucial level in his latest daily technical forecast. The study suggests further bullish candles are required to maintain momentum and drive the price beyond $120,000 barrier, particularly under fundamental constraints. Fundamentals Support Bitcoin Despite Weak NFP Print Indecisive Bitcoin daily candles imply uncertainty while the market decides its next move, according to Cryptowzrd. BTC stays above the powerful $110,500 support zone despite this hesitation. Short-term bullish momentum depends on this level. The expert observed that Bitcoin has remained positive despite a weak NFP reading prompted by fundamental discussion. This shows that macroeconomic variables are supporting BTC's technical strength and market sentiment. Traditional markets ended bullishly this week, supporting Bitcoin's upside. However, more bullish daily candles are required to confirm a rally toward $120,000 barrier. Without this confirmation, the market may continue in a holding pattern, allowing short-term fluctuations. He warned that if Bitcoin falls below $110,500 by mid-week, it might fall below the $100,000 support zone. A market change would increase selling pressure and allow traders to set for short-term bearish bets. NFP and Market Fundamentals Drive Intraday Volatility The analyst concluded that recent fundamental discussion and the lower-than-expected NFP figure had made BTC's intraday chart erratic. This volatility indicates market uncertainty as traders assess technical and macroeconomic issues. He said a convincing rise over $113,200 would boost bullish momentum and help solidify Bitcoin's position. A breakout indicates buyers are reclaiming market dominance. However, a decline below $110,400 might lead to further downside. The analyst will wait for a more developed trade setting before taking the next actionable position. #BTCvsETH #ListedCompaniesAltcoinTreasury #TrumpBitcoinEmpire #TrumpFamilyCrypto #BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/07/106e7ede7f5a414faa87e3162708b3e1.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}