The current price of $BTC /USDT is 118,423.22
💡 Entry Zone: $116 000–$118 000 — strong support around MA200 and recent demand zone
🎯 Target 1: $122 000–$123 000 — prior resistance and psychological barrier; breakout could propel to next leg
🎯 Target 2: $130 000–$131 000 — 1.618 Fibonacci extension and measured move from triangle breakout
🏁 Final Target: $134 500 — per cup‑and‑handle momentum and expert forecast
❌ Stop Loss: $114 000 — just below key support zone to limit downside
📊 Risk Management:
• Risk ≤ 1–2 % of capital per trade; size position accordingly.
• Take partial profits at each target, trail stop to breakeven after T1.
• If price falls below $116 000 on high volume, exit to preserve capital.