Breakout Confirmation | Trendline Reversal in Play
Bitcoin has once again followed technical expectations closely, consolidating at $75,000 and now reversing off that level — just as predicted in the previous analysis.
With current momentum and structural confirmation, a breakout above the daily bearish trendline is now in focus.
Recent Price Action: Confirmation in Motion
Here’s what’s just happened:
🔹 BTCUSDT consolidated near $75,000
🔹 Price bounced strongly off that level
🔹 A potential break of the daily bearish trendline is developing
🔹 A retest of the identified zone could offer a high-probability entry
This confirms bullish strength — and sets the stage for a move much higher.
Target Zones: Where Could BTC Go Next?
Two major levels to watch:
🔹 Target 1: $96,000 — key psychological and structural resistance
🔹 Target 2: $130,000 — full projection based on macro trend and breakout potential
These levels are based on trendline structure, price action history, and broader market cycle behavior. Use them as a secondary bias — always combine with your own research.
Trade Plan Suggestion
🔹 Watch for a retest of the broken trendline.
🔹 Confirm with volume and bullish candle structure
🔹 Use proper risk management if entering on breakout or retest
No setup is guaranteed — but when structure, momentum, and sentiment align, we follow the market's lead.
Final Thoughts
🔹 Bitcoin remains technically bullish
🔹 A strong breakout is in play
🔹 $130,000 is not just possible — it’s now technically probable
Stay sharp, trade safe, and always DYOR.
Hope you're having a great weekend — and good luck trading!