Bitcoin initially fell on Friday, only to turn around and show signs of life again. We are hanging on to the $120,000 level, which of course is a large, round, psychologically significant figure, and an area that a lot of people will be paying close attention to. This is an area that has been important multiple times in the past, and it’s likely that we will continue to see this market offer a lot of bullish pressure on dips, extending all the way down to the $117,000 level, an area that was short term resistance.
Bitcoin Continues to See Buying Pressure – 06 October 2025
