Bitcoin resistance at $120K hints at consolidation before impulse rally to $135K

Bitcoin technical charts suggest BTC BTC - $118066.079 could remain range-bound for an extended period of time. Cointelegraph explains why.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-07-17 18:39:02 GMT.

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Price & Market Data

Price: $118066.079

Volume 24h: $50,258,192,076.08

Market Cap: $2,348,874,819,643.87

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,894,540. The last known price of Bitcoin is 118,053.09553219 USD and is up 0.35 over the last 24 hours. It is currently trading on 12261 active market(s) with $51,832,905,699.90 traded over the last 24 hours. More information can be found at https://bitcoin.org/.