$BTC
๐ Bitcoin Market Update
๐ For Bitcoin to keep rising, it needs to strongly break past the local resistance zone of $118,500 - $119,000.
๐ This setup looks similar to the breakout we saw a few days ago when BTC cleared the $110,000 resistance.
โ ๏ธ If you havenโt entered a LONG position yet, Iโd wait for a confirmed breakout before jumping in. Right now isnโt the ideal time since a local pullback could start at any moment.