Bitcoin
Long
Updated

Bitcoin Awaits Breakout Above $114K

128
๐Ÿช™ Current Price: ~$109,500
๐Ÿ“ˆ Trend: Bullish but facing strong resistance at $114,000
๐Ÿ“‰ Support: $106,000โ€“$107,000

๐Ÿ“Œ Outlook: Breakout above $114K could lead to $130K+. Otherwise, possible pullback to $106K.

๐Ÿ“Š Key Drivers: ETF inflows, Fed rate cut expectations, weak USD.

๐Ÿ’ก Strategy:
๐Ÿ”บ Buy: $107,000 โ€“ $107,500 โ†’ TP $114,000 | SL $106,000
๐Ÿ”ป Sell (take profit): $114,000 โ€“ $115,000 โ†’ SL if closes below $112,000
Trade active
Bitcoin is still maintaining its upward trend as forecasted
Trade closed: target reached
Bitcoin could reach a new all-time high (ATH) in the near future

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