Hey fam!
You asked for an update, so here it isāmy personal and no-fluff breakdown of whatās really going on with #Bitcoin right now. Letās keep it clear, real, and data-backed.
MONTHLY OUTLOOK: The Bigger Picture Still Looks Bullish
I still firmly believe Bitcoin is more likely to break above $109.9K before we see it drop below the earlier marked low of $74.3K (see the blue arrow for reference).
The long-term trend is still UPāand in trading, zooming out helps avoid short-term noise. Always keep the bigger picture in mind.
WEEKLY OUTLOOK: Bulls Still in Control
Take a good look at the weekly chartāitās still a clean uptrend.
First rule in trading: Identify the trend.
Right now, both the weekly and monthly structures are screaming bullish.
So what should we be asking?
Is there manipulation on lower timeframes?Should we book profits or ride the next move up?Hereās what I see:
The latest weekly candle closed strong and bullish (see blue arrow). Buyers are holding the wheel.
Bottom line: No strong reversal signals yet. Iām holding my
$BTC BTC, watching for a healthy pullback before I stack more.
MARKET STRUCTURE: Still Clean, Still Bullish
Some might be worried about a possible triple topābut this doesnāt look like one. Hereās why:
No strong bearish rejection at the third peak.Recent candles are closing bullish.The key neckline at $91K hasnāt been broken.Conclusion?
Structure is intact. Trend is still bullish.
DAILY OUTLOOK: Watching Key Zones Closely
Keep your eyes on the $106Kā$109K resistance zone.
If Bitcoin faces a strong rejection there, Iāll re-evaluate.
But as of now, I see zero signs of weakness.
Hereās my current play:
Bought at $98KTook partial profits at $104K Still holding the rest.
Not adding more yetāwaiting for a clean breakout.
WHAT IāM WAITING FOR: Confirmation Is Key
If we see a strong bullish close above $110.5K (daily or 4H), Iāll jump back in with more.
Iāll be using limit orders just above the breakout to ride the momentum.
Until then? Staying sharp, holding strong, and managing risk.
CONCLUSION: Still Bullish. Still Watching.
Based on the strong weekly close and the overall market structure:
Iām still bullish.Not going all in yetāwaiting for a breakout to confirm the next leg.If we see rejection around $106Kā$109K, Iāll drop an update ASAP.
If youāve read this far, you already know the drill:
Read it fully before asking questions, and if it helped, like, share, and check my bio for more updates.
Letās stay smart out there.
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