$BTC
**๐จ Bitcoin at a Crossroads: Symmetrical Triangle Hints at $126K Breakout or $110K Drop**
**Bitcoin is coiled like a spring!** $BTC is forming a **symmetrical triangle** on the 4-hour chart โ a pattern that often precedes **explosive moves**. Hereโs what you need to know before the breakout.
### **๐ The Setup: Bulls vs. Bears**
๐น **Current Price:** **$118,013** (-0.32% in 24h)
๐น **Pattern:** **Symmetrical Triangle** (compression before expansion)
๐น **Breakout Targets:**
- **Bullish:** **$126,000** (+6.8%)
- **Bearish:** **$110,000** (-6.8%)
*(This is a **high-probability volatility signal** โ trade accordingly!)*
### **๐ก Key Takeaways for Traders**
โ **Breakout Confirmation Needed:** Wait for a **strong close** above/below the triangle
โ **Volume Matters:** Low-volume breakouts = higher chance of fakeouts
โ **Trade the Reaction:** False breaks are common โ donโt FOMO early
### **๐ฏ How to Play This**
๐น **Long Entry:** If BTC breaks **$120K with volume** โ Target $126K
๐น **Short Entry:** If BTC loses **$116K support** โ Target $110K
๐น **Stop-Loss:** Just outside the triangle (protect capital)
### **โ ๏ธ Carl Moonโs Warning**
*"BTC is at a tipping point โ the next **2-3 candles** decide the direction. Donโt guess; wait for confirmation."*
### **๐ฌ Your Moveโฆ**
๐ **Betting on $126K or bracing for $110K?**
๐ **Spot or futures โ whatโs your strategy?**
**Drop your predictions below!** ๐
**๐ค Final Thought:**
Bitcoinโs about to **squeeze or slump** โ will you be ready? **Trade smart, not emotional.**