๐ $BTC Update: Whatโs Next After the Breakout?
Yesterday, we shared a setup showing two clear paths โ bounce from 106.8K or rejection below 104.2K. โ Price respected the bullish path perfectly and has now pushed above the 106.8K level, heading towards 108.2K+.
๐ As seen in todayโs chart:
It broke above the previous resistance zone (now support).
Price has tapped into the Bullish Order Block and is holding strength.
๐ Next key challenge is near the Bearish OB zone (112K).
๐ Downside risk? If price dips below 106.8K again and fails to hold, we may retest the 104.2K zone and potentially fall into the FVG zone around 100K.
๐ง Stay alert: Price is approaching a decision point โ consolidation or next leg up?