Bitcoin is on the move! Did it just break past its all-time high? Let’s dive in! 📈
This $BTC daily chart shows a strong breakout above the previous all-time high resistance zone (marked in orange). Now, the price is retesting this crucial level, which could flip from resistance to solid support.
🔥 Key Points:
Price smashed through the resistance range (~$106K–$108K) 💥 Retest in progress – holding this level could confirm new support 🛡️ If support holds, the next target is around $120K 🎯 If it fails, $BTC might dip back to lower support (~$102K or below) ⚠️
📊 Outlook:
The bulls are in control if this breakout sticks. Keep a close eye on the retest zone – this could be a game-changer!