DECISION POINT AT MAJOR TRENDLINE
Bitcoin is once again at a critical decision point. The price is currently holding above the key ascending trendline around 101,970, and the market is giving us a clear message: Hold and Bounce... or Break and Drop.
If BTC can sustain above this trendline, we maintain a bullish bias with a 70% probability ๐ of reaching our first major target at 105,962. Break that, and the path to 113,000 opens up nicely!
However, stay vigilant! A confirmed break below 101,970 could invalidate the bullish setup and expose lower targets around 99,985 and 97,770.
๐ The next few candles will be decisiveโperfect time to practice patience and disciplined entries.
Letโs see if $BTC can hold the line and give us that bullish continuation weโre waiting for!
One Love,