#BTCBreaks99K

#BTCBreaks99K

#BTCBreaks99K #### ١. **What does breaking 99K mean?**:

- **Strong psychological level**: BTC approaching 100K will generate immense buying pressure from speculators and institutional investors.

- **Indicator of upward trend strength**: If the price closes above 99K with high trading volume, it may target 120K as the next stage.

#### ٢. **Potential scenarios**:

- **Bullish scenario (successful breakout)**:

- **Entry**: Buy on the retest of 99K as new support.

- **Stop loss**: 95K (protection against false breakout).

- **Targets**:

- 105K (+6%).

- 115K (+16%).

- **Bearish scenario (rejection and pullback)**:

- **Entry**: Sell if the price fails to hold above 99K while forming a **shooting star** or **evening star** pattern.

- **Stop loss**: 101K.