Bitcoin Flips Key Support, Bulls Now Target $117,000

Bitcoin Flips Key Support, Bulls Now Target $117,000
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Bitcoin (BTC) has reached a critical turning point, successfully flipping a key horizontal support zone that previously acted as resistance. With momentum now building, the focus has shifted to the next major test: the $117,000 resistance level. A decisive move above this threshold would not only confirm the continuation of the current rally but also set the stage for a potential run toward new highs.
Daily Support Flip Confirms Bullish Control
Alpha Crypto Signal, in a recent market update, pointed out that BTC is showing renewed strength on the daily timeframe. The leading cryptocurrency successfully flipped a key horizontal zone into support, a move that highlights growing buyer dominance in the market. This structural shift is seen as a positive development for bulls, laying the groundwork for further upside momentum.
With buyers firmly in control, Bitcoin’s price action is now being driven higher toward the previous swing high near $117,000. This level has emerged a

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