$BTC ! Bitcoin at a crossroads! Get ready for a big move! 🔥
The price action of Bitcoin is rising - and this chart shows key signals you need to see!
Technical details:
• The completion of the parabolic arc indicates a possible top formation
• Strong rejection from the seller zone near 104.4 thousand
• Triple support bounce at 102.9 thousand (bullish demand zone)
• The LTF uptrend line has been broken with a possible bearish retracement
• The price is heading towards a breakout or a collapse - a move is imminent!
Key levels to watch:
• Breakout target: 106 thousand+ (if the price strongly exceeds 104.4 thousand)
• Collapse target: below 100 thousand (free fall scenario if 102.9 thousand fails)
• Decision area: 103.7 thousand (retesting the broken structure)
Possible scenarios:
1. Bullish scenario: breakout at 104.4 thousand → 106 thousand+
2. Bearish scenario: rejection at 103.7 thousand → free fall towards 100 thousand
This is the liquidity sweep setup + textbook reaction.
#BinancePizza $BTC