Bitcoin has broken out of the descending channel with strong bullish momentum, flipping previous resistance (~105.5K) into support. Current price action shows a clear continuation setup with bulls targeting the 112K zone.
đą Entry was taken from the retest zone after confirmation
đŻ Target: $111,955
đ SL: Below $104,569 support
đ Risk/Reward looking clean â riding momentum into key resistance.
If momentum holds and volume sustains, expect another leg up. Stay sharp â volatility is high around these levels.
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