đBullish Scenario (One-Side View)
1. As long as BTC holds above $116,800, momentum is bullish
2. Break & sustain above $117,200 will confirm continuation
3. Next upside targets:
âą đŻTP1 â $120,000 (psychological resistance)
âą đŻTP2 â $123,800 â$124,000 (major resistance block)
đInvalidation
âą Bullish structure remains valid until $113,200 breaks.
âą If below $113,200 â bullish view weakens
â Conclusion
âą $BTC is in a bullish continuation pattern.
âą Any dip to $116.8K or $113.5K is buying opportunity
âą Break above $117.2K opens clear road to $120K and $124K