⚔️ $BTC
BATTLE ZONES: Bulls vs. Shorts — Who Wins the Next Move?
$BTC has launched a sharp recovery from the support zone near $103K, breaking above the mid-channel and now heading straight toward major resistance.
🔍 Chart Breakdown: • ✅ Bounce from Support Zone + 50 SMA
• 🚧 Approaching a Heavy Resistance Zone at $105K–$106.5K
• 💣 Watch for Short Liquidations near $104.6K & $105.5K
• ⚠️ Bearish rejection possible from wedge resistance
• 📈 Ascending Broadening Wedge in play — expect volatility!
If bulls break resistance, we may see a liquidation cascade push $BTC to new highs. But a rejection here could pull us back to $102K.
Your move, market.