๐จ Bitcoin on Fire โ Whatโs Next? | Golden Lion Trading ๐จ
๐ BTC just exploded past $118K!
Fueled by massive ETF inflows and institutional FOMO, Bitcoin is showing intense bullish strength. But hereโs the truth behind the chart ๐
๐ Technical Snapshot:
โ Price trading above all EMAs
โ MACD strong crossover โ bullish momentum gaining speed
โ ๏ธ RSI at 86+ โ extremely overbought territory
๐ฅ Daily volume above 12K BTC โ buyers still in control
๐ Why the Surge?
๐ธ Over $1B+ daily ETF inflows (led by BlackRockโs IBIT)
๐ธ Trumpโs pro-crypto push fueling long-term optimism
๐ธ Breakout above $111K triggered short liquidations & momentum buying
๐ธ Fed rate cut expectations pushing more capital into Bitcoin
๐ Current Plan from Golden Lion:
๐ฝ Donโt chase the top!
๐จ RSI indicates short-term correction is likely
๐ฏ Smart entry zone: $115Kโ$116K
๐ Targeting: $120K โค $123.5K โค $127K
๐ก Stop Loss: $113.8K (below EMA7)
๐ฃ Golden Lion Verdict:
โThis is not just a rally โ itโs the return of institutional hunger. But even lions rest before the next hunt. Watch the dip. Enter smart. Ride strong.โ
๐ฆ Follow @Golden Lion Trading - CEO for real-time crypto signals, smart insights, and market power plays!
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