#BTC - Price Analysis Update ๐
Breakout & Retest??:
Breakout and retest of the H4 bull flag/channel in play. The big question: WHEN MOON SIR? ๐๐
๐ธAltcoin Market Reacts:
#Altcoin market is waking up after BTCโs impulse above the 106k & 108k resistances. Momentum is building!
๐ธH4 Perspective:
BTC still looks bullish on H4, but I'm cautious until we see a weekly close above 112k. Weโre still sitting right under major resistance (110.2k โ 111.8k) and need confirmation.
๐ธWeekly Macro: [120k+ next??] ๐
Weekly uptrend still pushing prices higher ๐
The main trend remains bullish, but risk of correction is high-overextended Ichimoku alert! ๐ด
๐ธSummary:
As long as price consolidates above $104,000, bulls are in control. High probability we see another ATH soon if this becomes the new accumulation zone.
๐ธShort-Term:
110,500 - 110,200$ resistance might be tested ๐ [Observ reaction here]
๐ธKey Levels to Watch: [local]
102,600 โข 104,350 (major support) โข 104,900 โข 105,700 โข 106,200 โข 107,500 โข 108,000 โข 110,100 โข 111,600
Above 106k = Bulls strong.
Below 104,350 = Extra caution!
If $BTC consolidates above 104.3k, expect #alts to start moving too!
What do you think, new ATH soon or will bears surprise? Drop your setup in the comments!๐
