Accumulate waiting for btc price increase💎 BTC PLAN UPDATE – End of July (31/07)
📊 BTC Technical Analysis (4H Timeframe – End of July)
✅ Positive Signals:
• BTC has broken out of the consolidation triangle pattern (blue diagonal line), indicating a potential strong uptrend.
• The current price is retesting the breakout support zone around 117,800–118,000 → showing a good reaction and creating upward momentum.
• MA50 and MA200 are starting to slope upwards → confirming increasing buying strength.
📈 Bullish Scenario:
• If BTC holds above 118,000, it is likely to move toward the nearest resistance zone at 119,900.
• After breaking 119,900, the next targets are:
→ 122,792 (Fibonacci 1.618)
→ Further target: 127,900 (Fibonacci 2.618)
🛑 Risk Note:
• If the price drops below 117,000, it’s important to monitor again, as it may retest a deeper support zone around 114,500.
