<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5NzljNjUtNzNmYi03YmZhLWE0NzMtMTU1MmEyNThlYzM4.jpg" alt="Bitcoin resistance at $120K hints at consolidation before impulse rally to $135K"></p><p>Bitcoin technical charts suggest BTC could remain range-bound for an extended period of time. Cointelegraph explains why.</p>