BTC played out clean last week. Broke above 108k, tapped a new ATH at 110.5k, and pulled back slightly. Structure still bullish — 4H HLs holding strong and 107k retest held nicely into weekend close.
Key level to watch is 110k. If we break that with momentum, price can push to 115k or even 120.7k based on fibs and hype continuation. If we reject again, we might pull back to 107k or 100k — still a buy zone unless 88k breaks.
On the macro side, confluence is heavy:
– ETFs still driving big money inflow
– US debt growing after Trump’s new tax bill
– Moody’s downgrade adds more pressure
– Geopolitical tensions + safe-haven flow also helping BTC hold strength
– Holiday week in the US (Memorial Day), so volume might be low — fakeouts possible if liquidity dries up
Best zones to watch this week:
🔸 110k breakout for continuation
🔸 107k and 100k pullback buys
🔸 110.5k ATH for possible rejection scalps
As long as 88k holds, structure is clean. Bias remains bullish with both TA and macro pointing up.
Will be posting more detial daily anaylsis. follow for more updates. Or check out Streefree_trade IG.
Key level to watch is 110k. If we break that with momentum, price can push to 115k or even 120.7k based on fibs and hype continuation. If we reject again, we might pull back to 107k or 100k — still a buy zone unless 88k breaks.
On the macro side, confluence is heavy:
– ETFs still driving big money inflow
– US debt growing after Trump’s new tax bill
– Moody’s downgrade adds more pressure
– Geopolitical tensions + safe-haven flow also helping BTC hold strength
– Holiday week in the US (Memorial Day), so volume might be low — fakeouts possible if liquidity dries up
Best zones to watch this week:
🔸 110k breakout for continuation
🔸 107k and 100k pullback buys
🔸 110.5k ATH for possible rejection scalps
As long as 88k holds, structure is clean. Bias remains bullish with both TA and macro pointing up.
Will be posting more detial daily anaylsis. follow for more updates. Or check out Streefree_trade IG.
Trade active
107000 hold nicely and entered target for scalps 18200 level recent high
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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.