đ„ $BTC â Bitcoin Technical Outlook
Current Price: $117,426
Market Mood: đ Bullish with breakout potential
Upside Targets (Resistance):
1ïžâŁ $115,500 â Key breakout confirmation
2ïžâŁ $118,000 â Medium-term resistance
3ïžâŁ $120,000 â Psychological milestone
Downside Supports:
1ïžâŁ $114,500 â Strong intraday base
2ïžâŁ $112,000 â 50 EMA + Fib zone
3ïžâŁ $109,300 â Critical support to watch
đ Trade Plan:
Long Entry: Above $114.5K â Target: $118K
Short Entry: If rejected at $118K â Target: $112K
Stop-Loss: Below $114K for longs | Above $118.5K for shorts
đĄ Insights:
Institutional inflows rising đ
Buyers stepping in on every dip đ
RSI near 65 â Healthy, room to run â
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