> 🔥 Bitcoin breaks strong resistance – Are we on the brink of a jump to $115,000? 💣
🕯️ Technical analysis for Bitcoin (BTC)
✅ What is happening now:
✅ The price broke through a downward resistance line extending for two weeks, with confirmation from a strong bullish candle.
✅ Established above the $108,500 level which is currently a very important support.
✅ Moving averages (MA50 and MA200) confirm the upward momentum.
🎯 Potential upcoming targets:
Target Expected price Status
TP1 $110,500 Immediate resistance (previously tested)
TP2 $112,000 Psychological resistance and monthly level
TP3 $115,000 Extended target – if $112k is strongly broken
🛡️ Current technical support:
Support Price Notes
Immediate support $108,000 in case of a slight correction
Secondary support $107,000 Breaking this level may open the door for a decline
Strong support $105,000 Final safety line before trend change
📉 In case of breaking support:
If $108k is broken and closed below, the potential corrective path → $107k then $105k.
📌 Technical recommendation:
🔵 If it stabilizes above $108,500 → possibility to enter with a target of $110,500 → $112,000.
🔴 In case of breaking $107,000 → a stop-loss and re-evaluation is advised.
🧠 Your prediction matters to me:
> 💬 Do you expect Bitcoin to reach $115,000 this week?
✍️ Share your opinion in the comments and let's discuss 👇
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