$BTC BTCUSDT Breakout: Bullish Continuation or Overheat Signal?
Bitcoin has successfully bounced from $101,433 and is currently pushing through key resistance zones with strong bullish momentum. Price is now testing the $102,455 level across several timeframes.
Multi-Timeframe Highlights:
1M & 5M: RSI is overbought (80+), Stoch RSI at extremes, indicating short-term exhaustion but strong momentum.
15M: Clean bullish structure forming with EMA7 > EMA25 > EMA99. RSI at 71.7, momentum still building.
1H & 1D: Price holding above EMA7 and approaching EMA25–50 convergence near $102.8–103.0. This area is key for trend confirmation.
Volume surge and MACD on all short-term timeframes are expanding positively.
Scenarios:
Bullish: Break above $103.000–103.200 opens the door for $104.000–105.000
Bearish Risk: Overbought indicators could trigger short pullback to $102.000–101.800 before resuming uptrend
Trading Strategy:
Reentry zone: $102.000–102.200
SL: below $101.500
TP targets: $102.800 / $103.800 / $104.800
The bulls are back — but can they sustain the push above resistance? Stay sharp and follow momentum with discipline.
