đŸ’„ $BTC – Bitcoin Technical Outlook

Current Price: $117,426

Market Mood: 📈 Bullish with breakout potential

Upside Targets (Resistance):

1ïžâƒŁ $115,500 – Key breakout confirmation

2ïžâƒŁ $118,000 – Medium-term resistance

3ïžâƒŁ $120,000 – Psychological milestone

Downside Supports:

1ïžâƒŁ $114,500 – Strong intraday base

2ïžâƒŁ $112,000 – 50 EMA + Fib zone

3ïžâƒŁ $109,300 – Critical support to watch

📌 Trade Plan:

Long Entry: Above $114.5K → Target: $118K

Short Entry: If rejected at $118K → Target: $112K

Stop-Loss: Below $114K for longs | Above $118.5K for shorts

💡 Insights:

Institutional inflows rising 📊

Buyers stepping in on every dip 🔄

RSI near 65 → Healthy, room to run ✅

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