🚀 $BTC | Is it preparing for a new upward breakthrough? 📈🔥
$BTC is currently trading around 113,233 with a continuous upward movement after strong defense of a critical support area. Here are the key levels to watch:
🟩 Support area: 109,348 – 112,187
• The price has respected this area several times, indicating strong activity from buyers.
🟥 Resistance area: 119,088 – 124,374
• A previous rejection area, the price needs to break through it to open up towards higher levels.
📍 Current movement:
• The price is trying to break out of the current consolidation. Continued momentum may push it towards:
→ 115,856
→ 119,088
→ 124,374
📈 Bullish scenario:
• As long as the price is above 112,000, the bullish scenario remains intact. Bulls are watching for an opportunity to form a higher low and target 122,000 – 124,000.
⚠️ Bearish scenario:
• Breaking 109,348 may lead to testing 108,000 as a deeper support.
📊 Conclusion:
The upward trend is still strong on BTC, and the support is stable. We await the next resistance breakout for more positivity.
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