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BTCUSD Approaching Support Trendline | Potential Bullish ContinuBitcoin (BTCUSD) is showing a potential bullish continuation pattern on the 15-minute chart. Price is currently near a rising trendline support, with a possible bounce forming. The projected move suggests a strong upside if the support holds. Key levels to monitor include the recent low around 104,773 and upside target near 107,000. The setup indicates a favorable risk-reward structure. This is a technical analysis perspective and intended for charting reference.
BITSTAMP:BTCUSDLong
by UAE_USA_GOLD_TRADERS
Liquidity was the excuse. Expansion was the goal.This BINANCE:BTCUSDT.P move was written before it happened — clean sweep, BPR fill, and now the setup is primed. You either knew where price was going, or you reacted late. Price expanded aggressively into a clear 1H IFVG. That wasn’t just a push — it was a calculated run into a premium imbalance. Now? We're retracing. Right into the EQ of the breaker block and the 0.5 fib (105,039). Exactly where the market wants you uncertain. I’m not. Here’s the logic: 1H IFVG is filled. That’s done. Price retraced directly into the 0.382 and 0.5 fib zone. We have a defined BPR, and price is now hovering around its midpoint — ideal zone for reaccumulation. As long as 104,999–105,039 holds, I expect a continuation back into 105,891 → 106,478. If that range breaks clean, the low-hanging liquidity below 104,359 becomes a magnet. But the narrative right now? HTF is still aligned bullish. We're in the phase where most traders get shaken out before the real move starts. Trade idea: If I’m in, my invalidation is clean — under 104,699. Target is north of 106,000. I’ll scale partials at 105,799 and let the rest ride. You want more trades like this? Check the account description. I don’t just post setups — I build conviction. Let the influencers scream. I prefer precision.
Long
by SmartFlowsI
1
BTC 4H Setup – OB Rejection or Launchpad? Bitcoin is currently ranging below a 4H Order Block (OB) and forming a potential higher low. With price holding above the key 0.618 fib zone (104.1k), this could act as a springboard for continuation — or a trap. Key Levels: Support: 104.1k–103.6k (fib cluster & mid-volume node) Immediate Resistance: 105.1k (OB 4H) Breakout Target: 107.1k Fail-safe: 103.0k Scenarios: 🟩 Bullish Path: Hold 104k zone Reclaim 105.1k OB = confirmation Push toward 107.1k & higher liquidity sweep 🟥 Bearish Path: Rejection from OB + break below 104k Eyes on 103.0k as next bounce zone Plan: Long scalp above 104.2k if volume sustains TP1: 105.1k (retest OB) TP2: 107.1k SL: Below 103.6k (tight invalidation) 📌 “OB rejection or flip? Market’s next impulse hinges on this 104k–105k squeeze.”
Long
by SmartFlowsI
FVG re-entry or fail – this level decides the tone.Bitcoin tapped the 0.618 fib at ~$104,100 and front-ran the 1H demand zone. Now it's hovering at a decision point just beneath the 1H Fair Value Gap. What to watch: → Price is pressing into FVG (104.4k–104.7k), aiming for acceptance. → Value area high sits at 104,275 – acting as pivot. → Break + hold above 104.7k? Clean path to 105.8k. Plan: Entry: 104.1k–104.3k SL: below 103.6k TP1: 104.9k TP2: 105.8k (liquidity sweep) Invalidation: Rejection from 104.7k = probable retest of 103k Narrative flip potential: Buyers are defending the mid-range + FVG. Breakout would shift market structure bullish on the lower timeframes. "Acceptance above the gap = momentum reclaim."
Long
by SmartFlowst
BTCUSD – Bullish Channel Support Bounce SetupBTCUSD is currently trading within a clearly defined ascending channel on the 15-minute chart. The price recently touched the lower boundary of the channel and is showing signs of a potential bullish bounce. This structure suggests that the pair may continue respecting the trend and head toward the upper boundary of the channel, offering a favorable risk-to-reward opportunity. The trade plan includes a long setup with stop-loss placed just below the channel support and a target near the upper resistance zone. Volume remains moderate, supporting gradual upward momentum. Technical Highlights: Pattern: Ascending Channel Key Support: Lower trendline Entry Zone: Near current support Target Zone: Around 106,500 Stop-Loss: Below recent swing low (around 104,185) This is a technical chart idea based on price action and structure. Please manage your risk accordingly.
BITSTAMP:BTCUSDLong
by UAE_USA_GOLD_TRADERS
1
BTC didn’t dump — it tapped.BTC reached into the 1H FVG and wicked just above the OB at 104,204 — delivering premium liquidity and then reversing. Most are staring at red candles, but the real story is the reaction zone: Price tagged the 0.618 level (104,559) with precision and reversed with displacement. Now what? We're mid-delivery. If BTC can reclaim 104,800–105,000 (mid OB/FVG confluence), a strong move into 105,865 is likely — potentially sweeping for external liquidity near 106k. Execution Plan: Entry: 104,600–104,700 range SL: 104,200 or beneath 103,752 swing TP1: 105,365 TP2: 106,000+ Key invalidation: clean break below 104,200 with volume Bias: Bullish while above 104,200 Why: Fair Value Gap fill + OB + 0.618 convergence + responsive wick This wasn’t a sell-off. This was a setup.
by SmartFlowsI
2
Most called rejection. I called reaccumulation — mid-trade.This wasn’t luck. It was structure. BTC tapped directly into the 1H Fair Value Gap at 105,016 — precisely the overlap with 0.382 fib and the volume imbalance from the prior impulse. Price didn’t just react. It delivered confirmation. Fast. Entry was clean, risk tight — and the invalidation was defined. Below 104,517, I’m out. No emotion. Just system. I’m now watching the 105,325–105,825 pocket. That’s where the thin volume zone transitions back into resistance — and where trapped shorts begin to feel the heat. If price breaks and holds above 105,900, expect a swift drive into 106.7–107.0 before further consolidation. Execution clarity: ✅ Entry: FVG 1H — 105,016 🎯 TP1: 105,825 🔒 Stop: 104,517 🔓 R:R = 2.38, no drawdown, full intent Most wait for confirmation. I act at the point of imbalance — not after it’s obvious.
by SmartFlowst
BTC/USDT – Bitcoin 1 hour timeframe 📊 Technical Overview 🟢 Support Zone: 📌 Around $105,700 🛡 Marked by multiple bounces (white arrows), this zone shows strong buyer interest. 🔁 Historically acts as a springboard for upside moves 📈. 🔴 Resistance Zone: 📌 Range: $109,000 – $111,500 🚫 Every approach has triggered a sharp sell-off (black arrows), confirming this zone as significant supply. 🔄 Price Action & Pattern Insights 📉 Bearish Swings from Resistance: Several high-wick candles followed by strong rejections ⛔ Downward arrows suggest a distribution phase near the top range 📈 Bullish Reversal Signals: Price sharply rebounds from support 💥 V-shaped recovery setup in motion with a clean reaction from the demand zone ✅ Arrow projection hints at a potential full range recovery 🌈 📦 Box Range Formation: Market has been consolidating in horizontal zones Each zone acts as a base for accumulation or distribution 🧭 🎯 Trade Idea & Forecast 📍 Current Price: $105,793.35 📈 Projected Move: Upside rally toward $111,000+ 🧠 Rationale: Bounce from a major support zone Prior similar price actions led to parabolic rises 🚀 No lower lows made – signs of a bottom forming 🪙 📌 Action Plan ✅ Long Setup: Entry: Above $106,000 Target: $109,000 – $111,500 Stop Loss: Below $105,000 📉 Risk/Reward: Favorable (~1:3) 🚫 Bearish Alternative: Breakdown below $105,000 with volume ❗ Target: $103,000 (next liquidity zone) 📎 Conclusion: Ready for a Bullish Comeback? Bitcoin (BTC/USDT) is showing signs of a textbook bullish reversal 📘 after defending a key demand level 💪. If the current momentum holds, we could see a swift move back to the top of the range. Ideal for short-term buyers looking to ride the intraday wave 🌊.
Long
by ZareeFxTradingAac
2
BTC isn’t bearish. It’s just collecting fuelPrice didn’t fail — it paused. BTC retraced into the 0.382–0.5 zone after rejecting from the local high, and what looks like weakness to most is actually compression — perfectly staged above a clean 1D OB and nested FVG. Below the current level sits the real opportunity: the imbalance between 102.4K–100.1K, backed by a 1D demand zone and high-volume support. If Smart Money wants to rebalance before the next leg, that’s where they’ll do it. The path is simple: Sweep into the 100.5K–102.4K zone React off the OB Expand to rebalance the FVG at 106.2K Displace toward the next draw: 110.5K (final inefficiency + liquidity shelf) Only a close below 96.9K changes the macro intent. Execution mindset: 🔑 Optimal long: 100.5K–102.4K (OB/FVG zone) 🎯 Target 1: 106.2K 🎯 Target 2: 110.5K ❌ Invalidation: Full body close below 96.9K — structure must reset Most traders chase the move. I wait where Smart Money needs to act. I’m not reacting. I’m positioned.
Long
by SmartFlowst
Bitcoin is nearing a critical breakout zone at $86,000Bitcoin is nearing a critical breakout zone at $86,000. If this level breaks with strong momentum, we could see a rapid bullish continuation toward the major resistance area around $105,000. The ascending channel remains intact, and aggressive buying near support points to a strong upside setup. From a fundamental view, Bitcoin is gaining strength as global uncertainty rises. The latest escalation of trade tariffs has disrupted traditional markets, pushing more investors toward alternative assets like Bitcoin. Historically, Bitcoin has performed strongly during times of economic instability. Tightening monetary policies worldwide are fueling recession fears, making Bitcoin even more attractive as a hedge — the new "digital gold." With institutional interest growing, Bitcoin is well-positioned for a significant capital inflow. Stay ready — the next big move is close! 🚀
Long
by megvipofficial
No breakout. Just engineered liquidity. Watch how I step in.This setup didn’t need noise. Just clarity. We took sell-side liquidity below the FVG FF with precision, tapping into a 4H OB nested at a deeper 78.6% retracement. That’s where the mispricing ends. That’s where I step in. Price didn’t reverse because of “oversold.” It reversed because Smart Money engineered the imbalance, swept stops, and delivered into a value zone. Nothing more. Nothing less. The rejection from that 102,067 level formed the base. From there, I expect delivery up into the 104,953 handle — where the 0.618 confluence and the upper OB sit. That’s the decision point. Above that, we’ve got unfinished business at 107,614. If price pierces through 106,955 — where the 0.5 lines up with a previous supply — expect the full expansion into the 109,500s. But I’m not rushing it. Liquidity above that OB at 108,122 has weight — and may serve as distribution before another push lower. What I’m watching: ✅ Buy-side liquidity resting above 104,953 ✅ OB rejection zone at 108,122 ❌ 102,067 invalidation if price closes with displacement through the low 🔻 If that fails — price wants the inefficiency down near 102,051 I’m not here to catch every move. I’m here to catch the right one. I don’t need confirmation. I am the confirmation.
by SmartFlowsI
#BTCUSDT Big Pump Next Hour - Bitcoin, BTCUSD, BTCUSDT 📉 Double Bottom Pattern Forming – Potential Reversal Setup The current price structure is showing signs of a Double Bottom – a classic bullish reversal pattern. After an extended downtrend, this pattern suggests that the market may be preparing for a trend reversal from this key demand zone. 🔹 Trade Setup Entry, Targets, and Stop Loss (SL) are marked on the chart. Entry: Upon breakout confirmation above the neckline. Stop Loss: Just below the recent swing low to manage downside risk. Targets: Calculated using the measured move method from the bottom to the neckline . 🔹 Risk & Money Management (Professional Approach) To maintain consistent profitability and protect capital, strict risk management is essential. For this setup: 🔸 Position Sizing: Based on a fixed % of total capital (typically 1–2% of account equity per trade). 🔸 Risk-to-Reward Ratio: Minimum of 1:2, ideally higher. 🔸 Stop Loss Discipline: No arbitrary changes after entry. SL only adjusted for breakeven or trailing stops once price moves favorably. 🔸 Trade Management: Secure partial profits at key levels, trail stops as structure forms. 🔸 Capital Allocation: Avoid overexposure. Trade fits within overall portfolio strategy. 💬 Let the setup come to you. React, don’t predict. 🔁 Like, comment, or share your thoughts below! BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P INDEX:BTCUSD CRYPTOCAP:BTC.D CRYPTO:BTCUSD BYBIT:BTCUSDT.P BINANCE:BTCUSD
Long
by rayhanrafi7
1
BTC Correction's 📉 Significant Bitcoin Correction During Uptrend After a strong bullish rally, Bitcoin has entered a correction phase, retracing nearly 25% of its recent gains. Interestingly, this correction aligns exactly with the 200-period moving average on the 4-hour chart, marking a potential key support level. 🔍 Is Bitcoin’s Correction Over or Just Beginning? The overlap with the 200 MA could signal the end of the correction, but if this zone fails to hold, deeper targets between the 35% and 75% retracement levels may come into play. 🛡️ Potential Support Levels for Bitcoin if the Correction Continues: First support: 102,200 USD – 25% correction Second support: 93,200 USD – 35% correction Third support: 84,100 USD – 50% correction Fourth support: 74,600 USD – 75% correction
by EhsanZeydabadi
20
BTC/USD Potential Bullish Reversal – Falling Wedge Breakout WatcBitcoin is showing signs of a potential reversal on the 15-minute timeframe. A Falling Wedge pattern is forming, often seen as a possible early signal for upside continuation. 📌 Technical Overview: Price is currently testing the wedge resistance. If price breaks out and retests the wedge, it could lead to a continuation toward the 108,995–109,199 zone. Strong horizontal support seen around 104,636. Bullish price action forming higher lows. 📈 Breakout Confirmation: A clear breakout and retest of the descending trendline could initiate momentum toward the upper resistance zone. 🟢 Target Area: 108,995–109,199 🔴 Support Level: 104,636 ⚠️ Invalidation: Below 104,300 zone 🔎 Always observe price action and volume confirmation before making decisions. Use proper risk management.
BITSTAMP:BTCUSDLong
by UAE_USA_GOLD_TRADERS
1
BTCUSDT Analysis: Bullish Intent Building on Higher TimeframesTaking a look at BTCUSDT. My analysis points to this current level as a significant support zone, with my overall target being higher. While the low timeframe (LTF) action hasn't yet shown a strong influx of buyers, the picture on the higher timeframes is quite compelling. The upward movement we're seeing there is displaying solid support, indicating sustained buying interest at a larger scale. This divergence between the LTF and HTF suggests a potential build-up of bullish momentum. We might see some consolidation or sideways movement on the lower timeframes as buyers accumulate before a more decisive push upwards. As always, I'm keeping a close eye on the volume footprint. The sustained buying volume on the higher timeframes lends credence to this bullish outlook. I'll be waiting for the low timeframe to catch up, looking for those clear signs of buyer entry – breakouts above smaller resistances with increasing volume, and successful retests as support. CDV (Cumulative Delta Volume) on both timeframes will also be crucial in confirming this directional bias. Remember, I focus on coins showing sudden and significant increases in volume, and while the immediate LTF might be quiet, the HTF volume profile is definitely noteworthy here. My bias for BTCUSDT right now is upwards, given the supportive structure on the higher timeframes. However, as always, I'll be waiting for that low timeframe confirmation before considering any entries. Patience and confirmation are key, even when the higher timeframe picture looks promising. Let's see if the lower timeframes will soon echo the bullish intent we're seeing on the higher ones. 📌I keep my charts clean and simple because I believe clarity leads to better decisions. 📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups. 📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. 🔑I have a long list of my proven technique below: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely 📊 XNOUSDT %80 Reaction with a Simple Blue Box! 📊 BELUSDT Amazing %120 Reaction! 📊 Simple Red Box, Extraordinary Results 📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook 📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44% 📊 TRXUSDT - I Do My Thing Again I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Long
by UmutTrades
#BTC/USDT#BTC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We are seeing a rebound from the lower boundary of the descending channel, this support at 106792. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 107234 First target: 108262 Second target: 109748 Third target: 111298
Long
by CryptoAnalystSignal
Bitcoin & Stock Market Rally Together .. My Trade Plan!🚨 Bitcoin Update! 🚨 Taking a look at the BTC chart 🧠📈 — we saw a sharp retracement followed by a strong rally 💥🔥, likely driven by recent tariff policy shifts 🌍📊. Right now, I’m leaning bullish 🐂 — especially with the stock markets also pushing higher 📈💹. But let’s be clear: my bullish bias depends on the stock market holding strong 🛡️📊. I’m keeping an eye out for a pullback to the 61.8% Fibonacci level 🌀 for a potential buy opportunity 💸🚀. ⚠️ This is not financial advice — just sharing my outlook! 👇 Let me know what you think in the comments!
Long
by fxtraderanthony
5
BTCUSDT | No Rejection Yet, Higher Targets in SightThe current price action is still leaning bullish. We haven’t seen a sharp rejection or breakdown from key structure — and until that happens, I expect the move to stretch toward the 107,600 region. Volume remains consistent, and there’s subtle support in the lower timeframes. Buyers are holding their ground, and as long as that continues, the path of least resistance remains up. Wait for price to disprove the idea before abandoning it. That’s how you stay ahead. 📌I keep my charts clean and simple because I believe clarity leads to better decisions. 📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups. 📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. 🔑I have a long list of my proven technique below: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely 📊 XNOUSDT %80 Reaction with a Simple Blue Box! 📊 BELUSDT Amazing %120 Reaction! 📊 Simple Red Box, Extraordinary Results 📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook 📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44% I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Short
by UmutTrades
Bitcoin: Will it surpass $109k in its upward trend?Since April, Bitcoin has traded in a clearly defined upward channel with two lower and upper trend lines. This channel was formed three touchpoints both on the lower and upper trendlines. Near a critical zone Now, BTC is at a key resistance zone where it previously peaked around $109,000, holding its all-time high. This level resists both judgement as well as forensic level significantly of a psychological barrier because it was the peak of the last major bull cycle. The price is currently hovering around the everyday resistance line while BTC is still in the upward channel. In conjunction with the historic all-time high and the upper channel resistance, range bound price action gives us an accurate capture of BTC’s behaviour. Bullish breakout The scenario outlined for this resistance zone makes the most sense as a rejection may lead to a temporary pullback, likely to the somewhat lower boundary of the rising channel. This in itself would not be the termination of the bullish trend, but instead a healthy retracement within the confines of an uptrend structure. But, if the market does break out above the $109,000 level with ample volume and bullish momentum, then things could start changing in the market for the better from there. Such breakout will confirm the uptrend is strong and valid where else new breakout targets will also be set turning the old high into new low. The $109,000 level would then probably move from resistance to support, making it a critical area for bulls to protect on any retests in the future. A bearish breakout The ramifications of a breakdown below the rising channel should also be understood by traders. It is crucial to keep an eye on the channel's lower barrier, which is presently at about $104,000. A significant decline below this level would signal a loss of short-term bullish momentum and lead to a more thorough correction. In that scenario, Bitcoin would probably go for the imbalanced area between $97,500 and $100,500, where the price has previously moved quickly without forming any solid support or resistance. Buyers may be able to intervene in this zone and try to restore bullish dominance, which may pave the way for a new breakout attempt and another surge toward the $109,000 barrier. Conclusion In conclusion, Bitcoin is at a critical point right now. Bitcoin is currently facing a significant resistance zone at its prior all-time high, but the upward channel that has directed price action since April is still in place. The degree of market momentum and the actions of buyers and sellers at these critical levels will determine whether the price hits new highs or declines. Investors and traders should be alert and ready for both situations since the next action could determine how Bitcoin develops over the following few weeks. I appreciate your help. To ensure you do not miss the upcoming analysis, be sure to follow me! Please leave a remark and a like!
Long
by KingProTrader
Bitcoin (BTC/USDT) – Flag Breakout Points to $114KHello guys! Bitcoin continues to respect the bullish structure within its ascending channel, and we just got a clean breakout from a textbook bull flag. After a solid move higher earlier this month, BTC cooled off inside a tight flag pattern, consolidating above $106K. That pullback helped reset momentum, and now we’ve broken out with conviction. You can read about it here: We’re currently hovering around $ 109.8 K. A short-term retest of the breakout zone near $108K–$108.5K wouldn’t be surprising. it could even offer a great entry opportunity before the next leg up. If momentum holds, the projected target from this flag pattern lands in the $113.5K–$114K zone. watch these: Support: $107.5K–$108.5K Target: $114K Invalidation: Break below $107K Bias remains bullish unless we lose the channel structure.
Long
by melikatrader94
18