🎉 BNB 🎁: BPKY0AX59Q

$BTC reaches $104,000

But... is this the beginning of the final push or the prelude to a major correction?

📈 The reality: the market is divided.

Bitcoin has hit $104,000 strongly, but not without resistance.

While the headlines scream “new ATH soon”, veteran traders watch the internal market metrics.

🔍 What does the current structure say?

✅ Strong support in the $100,000 – $101,000 zone

✅ Active institutional entries, especially via ETFs

✅ Large wallets are not distributing yet.

🔻 But also:

⚠️ Very high Open Interest in derivatives → risk of massive liquidations

⚠️ Retail sentiment is entering FOMO.

⚠️ Several indicators (like weekly RSI) are starting to show overextension.

🎯 Bullish scenario?

* If it breaks strongly above $105,000 with real volume, the next technical target is $112,000 – $118,000.

* Macro narrative (halving, inflation, weak dollar) can fuel the wave.

* “Supply shock” on exchanges has not dissipated yet.

🧨 Correction scenario?

* A drop below $100,000 could trigger a larger profit-taking

* Levels to watch: $94,500 and then $88,000 as key supports

* If derivative pressure keeps rising without consolidating, a brief purge may come before the next rally.

🧠 Conclusion:

Bitcoin is no longer a promise, it is consolidated strength.

But even giants take a breath before climbing the next mountain.

Climbing higher is possible…

But not without first sweeping out those who enter without understanding how the big players operate.

Your cycle vision broker,

the one who doesn’t buy the top…

nor sells fear before the bounce.

📊🧠🔥