🚨 Bitcoin Triangle Squeeze: Is a Breakout Coming?
Bitcoin is trading sideways near $105K, but don't be fooled — $375M in ETF inflows just hit the market. With a symmetrical triangle forming and institutional money flowing in, the next move could be explosive. 📈
🔍 BTC Market Breakdown
Current Price: $105,063
ETF Inflows (24h): $375.1M
Pattern: Symmetrical Triangle
Momentum: MACD bullish crossover, RSI divergence forming
📊 Key Levels
TypeLevelSupport$105,000Resistance$106,767Breakout Target$109,000
🟠 Chart below: Bitcoin's 5-day trend with support/resistance levels ➜
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<img src="https://sandbox:/mnt/data/bitcoin_chart_june5.png" alt="BTC Price Chart" width="600"/>
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🎯 Trade Setup
Long Position Idea
Entry: Break and close above $106,767
TP: $109,000
SL: Below $105,000
📌 No confirmation? Stay out. Break above resistance? Ride the wave.
🧠 Pro Insight
“This is a textbook triangle squeeze with real money behind it. If Bitcoin flips $106.7K, momentum traders could push it straight to $109K.”
