š Daily Bitcoin Analysis š
- Last update we were looking for another daily close higher for confirmation of a bullish breakout continuation. We had another daily close above the 106.5k resistance and absolutely sent.
- Now we're hovering between two liquidity zones again (110k and 113k). I imagine we'll at least tag the 109-110k level to get people scared of another drop then potentially continue higher.
- Keep an eye on the 112.7k trendline resistance for BTC. Could be a nice shorting opportunity as it also lines up with current liquidity levels.
- If we break and close above that resistance on the weekly, then I'd start raising my targets to 150k+.
Major resistance is now 113k
Major support is now 110k, 106.8k, 102.7k, 100k, 95k, 88-90k
