#BTC - Weekly price update:

The panic move triggered by the Israelโ€“Iran conflict appears to be over. ๐Ÿ’ฅ #Bitcoin price action has shown remarkable resilience, with several signals invalidating the bearish $99,000 - $100,000 scenario for now.

Key technical observations:

โœ… Large tail & retest of the $102,000-$103,000 support

โœ… Clean retest of the 1-month bearish channel (H4 view)

โœ… Bullish ascending triangle breakout on H1๐Ÿ“ˆ

โœ… Breakout & reintegration above the $106,200 key level (Kijun D1 - previously shared)

Resistance & support levels (yellow zone to monitor):

$104,400 / $105,500 / $106,600 / $108,500 / $109,350 / $110,400 / $111,600

My Current Outlook:

Bulls in control above $102,500 (long-term bias) ๐Ÿ“ˆ

#Alts could recover if #BTC consolidates above this area.

No major changement since many weeks.

Weekly: This extended consolidation above $102-$103k, and well above the major $93k (50% fib/weekly support), suggests bulls are preparing for a strong run toward $120k+ (from experience + Ichimoku signals).

Sideways action likely between $102.5k-$110k before the next major move.

๐ŸŸฉ A daily candle close above $111,800 = next strong bullish signal & breakout scenario

๐ŸŸฅ A daily close below $105,000 = risk of another dump toward $99,000

Key supports:

$98,000-$100,000

$93,000-$94,000

Summary:

Despite recent fear, $BTC structure remains bullish on higher timeframes. Stay vigilant for volatility around these levels, and adjust exposure accordingly.