๐ Bitcoin just ended its 210-day consolidation phase! After months of sideways action, BTC is ready to break out with a strong target at *155,601*.
๐ *Current price:* 117,547.98
| Level | Price () | Notes |
|---------|--------------|---------------------------------------|
| Entry | 117,547.98 | Current price |
| TP1 | 135,000 | First key resistance zone |
| TP2 | 150,000 | Confirmation of bullish momentum |
| TP3 | 155,601 | Major target after consolidation end |
| SL | 110,000 | Protective stop below consolidation |
๐ง *Analysis:*
Bitcoinโs long consolidation was a healthy pause, allowing accumulation and market digestion of previous gains. Now, with this phase over, expect increased volume and volatility pushing prices higher.
Why $155,601? This level aligns with historical resistance and Fibonacci extensions โ a natural place for BTC to aim next. If Bitcoin maintains this momentum, it could signal a new bull cycle ahead, pulling altcoins up with it.
๐ *What this means for traders:*
- Breakout confirmation opens doors to big gains.
- Manage risk with stop loss below consolidation support.
- Expect some pullbacks but overall bullish trend in play.
In simple terms: Bitcoinโs ready to roar again! Stay alert and buckle up for a possible ride to155k+ ๐๐ฅ