#BTCBreaksATH **🚀 BITCOIN DID IT! 🚀** > **#BTC has SMASH | AbdulTawab on Binance Square

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Bullish

#BTCBreaksATH **🚀 BITCOIN DID IT! 🚀**  > **#BTC has SMASHED its previous All-Time High!** ($118000✅)  
>  
> The bulls are running. History is being rewritten.  
> Are you strapped in?  $BTC 

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40

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#USCryptoWeek Why False Breakouts Happen 1. Market Manipulation - Big players ("whales") push price beyond levels to trigger stop losses or lure retail traders. 2. Low Volume/Interest - Breakouts without volume backing lack conviction → easily reversed. 3. News-Driven Spikes - Rumors or low-impact news cause temporary volatility. False Breakout vs. Valid Breakout | Factor | False Breakout | Valid Breakout | |--------------------------|-------------------------------------|----------------------------------| | Volume | Low/declining volume | 1.5-3x average volume | | **Price Close** | Closes *back inside* the level | Closes *beyond* the level | | **Candle Wick** | Extremely long wick (rejection) | Small/no wick (conviction) | | **Follow-Through** | Reverses immediately | Holds level for 2+ candles | | **Indicator Confirmation** | Divergence (e.g., RSI disagrees) | Aligned momentum (RSI/MACD strong) | --- ### **Real Example from Your Chart** ![BTC False - **Breakout**: Price spiked above **118,600 resistance**. - **False Signal**: No volume surge + long upper wick → reversal. - **Result**: Collapsed **-787 points**. --- ### **How to Avoid False Breakout Traps** 1. **Wait for the Close**: Don't trade until the candle *closes* beyond the level. 2. **Demand Volume Confirmation**: Volume must be **>1.5x average** during breakout. 3. **Check Higher Timeframes**: If daily trend opposes the breakout → high fakeout risk. 4. **Use Confluence**: Combine with RSI/MACD: Valid breakouts show *no divergence*. $BTC

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$BTC THE BTCUSD 5-minute CHART 📉 📈 Key Observations** 1. Price Action Trading at 117,850after rejection from 118,500 resistance Lower highs pattern (120,500 → 119,500 → 118,500) 2. Indicators RSI 57.26* (neutral but sloping down) MACD(?) at *52.09* (likely bearish crossover) 3. Critical Levels Resistance: 118,500 (swing high) → 119,000 Support: 117,500 (psychological) → 117,000 (swing low) **Trading Strategy** **Short Setup (High Probability)** **Entry**: - Option 1: Immediate short at current price (117,850-117,900) with confirmation from: Bearish candle close below 117,900 RSI dropping below 55 Option 2: Short on retest of 118,300-118,500 (better risk-reward) **Stop Loss**: - 119,100 (above recent swing high) *Targets* TP1: 117,500 (intraday support) TP2: 117,000 (swing low) TP3: 116,500 (1.5% move) Risk-Reward*: 1:2 (SL 150 pts vs TP 350+ pts) #Market_Update

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#btc after break down next target 🎯 looks

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Strategy-Focused: Breakout vs. Range Trading: Your Playbook for $117K–$118K Crypto Battlegrounds

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Strategy-Focused: Breakout vs. Range Trading: Your Playbook for $117K–$118K Crypto Battlegrounds The $1,000 Game: Precision Entries for Sideways Markets (RSI + Volume Secrets) $BTC #USCryptoWeek

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