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The BTC daily chart yesterday rose from a low of around 119200 to a high of around 123900, closing at around 122200. The support level below is around 120500; if it breaks down, it could reach near the MA7 moving average. A pullback could see long positions taken nearby. The resistance level above is around 123300; if it breaks through, it could reach new highs. The MACD shows increasing long positions. On the four-hour chart, the support level below is around 120800; if it breaks down, it could reach around 119600. A pullback could see long positions taken nearby. The MACD shows decreasing long positions.