BTC: Breakout Loading – Massive Opportunity Ahead!BTC is consolidating within a major structure for 224+ days. Current price action is forming a bull flag, signaling strong potential for a breakout toward $120,000–$150,000. Short-term volatility expected, but long-term trend remains bullish.
🔸 Support at $90,000–$93,000:
Strong confluence in this region including CME gap, liquidity pools, and previous structure support. Rejection from $113K could trigger a flush into this zone. Long setups should be considered here. Whales are accumulating.
🔸 Upside Target: $120,000 – $150,000
Long-term breakout from consolidation range aligning with historical accumulation patterns and macro indicators like M2 lag. Break of $113K with strength opens doors to $120K+. Clean structure with confirmed support will fuel rally continuation.
🔸 Risk Level at $88,000:
If BTC breaks below $88K with volume and closes under structure, it would invalidate the bull flag scenario short-term and signal deeper correction.
🔸 Outlook:
Monitor price reaction near $113K. Prepare for fakeout and potential sweep into $90K–$93K zone. Place laddered long orders in that range for optimal R:R. If dip occurs, treat it as a gift entry. No bearish outlook unless macro conditions shift drastically. Momentum remains upward.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.