📈
$BTC /USDT — MONTHLY BULLS SHOW STRENGTH, BREAKING BARRIERS ABOVE $100K 🚀
Bitcoin has delivered an exceptional monthly performance, surging from the low of $108,064 to a high of $111,980, and is currently consolidating around $108,453. This month’s candle on the 1M chart reflects strong bullish conviction, as price stays well above the critical 7MA and 25MA levels — $95,731 and $64,679, respectively.
The momentum has sustained throughout the month with increasing volume, supported by broader institutional interest and a shift of capital into crypto amid weakening fiat performance. The strong bullish structure continues to favor the bulls unless price closes below $95,000 on the monthly chart.
---
📊 BTC Monthly Technical Breakdown
• Price Range (1M): $108,064 – $111,980
• Support Levels: $95,574 • $74,343 • $53,112
• Resistance Ahead: $111,980 • $116,805 (macro resistance)
---
🔮 Future Prediction & Market Outlook
If Bitcoin breaks and holds above $111,980 on strong monthly volume, the next psychological target sits at $116,800, followed by an extension toward $125,000. However, if we see a rejection near $110K and a close below $104K, expect a short-term correction to the $95,500 support, which coincides with the 7-month MA.
As long as BTC holds above the $95,000–$96,000 zone, the bullish cycle remains intact. Monthly MA crossover is in favor of buyers and momentum indicators support continued upside.
---
📌 Strategic Trading Plans
Swing Traders (Bullish Bias)
• Entry: $106,500 – $108,000
• TP1: $111,800
• TP2: $116,800
• TP3: $125,000
• Stop Loss: $102,000
Long-Term Holders
• Accumulate in dips below $100,000
• Major invalidation below $89,000 monthly close
BTC remains the king of crypto, and this monthly chart is a textbook case of bullish continuation. With volume rising and global adoption narrative strong, don’t be surprised to see new ATH attempts in Q3.
#Bitcoin #yptoMarket #BitcoinForecast #BTCUpdate $BTC