Hey fam, hereâs my latest Bitcoin overview â feel free to leave your thoughts in the comments! đ
Bitcoin has been on a strong run, trading upward for weeks within a clean rising channel. The bulls broke through the upper boundary with conviction, signaling a powerful shift in momentum.
However, post-breakout, $BTC has entered a wide horizontal range, suggesting accumulation and temporary cooling after the surge.
𧱠Recently, price tested the upper boundary of this range at ~$122,800 â and faced rejection, sparking a correction.
Now, BTC is heading toward the key support zone between $114,000 and $115,000.
đĄ My Expectation:
I anticipate Bitcoin will find strong support near this zone, potentially triggering a fresh rally back toward $122,800. If momentum picks up again, this could evolve into a new leg upward.
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đ Trading Strategy ($BTC ):
Buy Zone: $114,000 â $115,000
Target 1: $122,800 (range top)
Stop Loss: Below $112,000
High-Risk Long-Term Target: $200,000 by 2030 â yes, I believe BTC will claim that throne! đ
â ïž Stay focused: Range-bound action often precedes explosive moves. This might just be the calm before the next big wave.
If this post helps you, drop a like or boost and share your thoughts below. Letâs grow together! â€ïž
#bitcoin #BTCanalysis #cryptotrading #BTCTo200K
