After a dip to $107,429, Bitcoin has hammered out a strong bottom and is now showing the first explosive signs of a major trend reversal. This is where smart money steps in before the next big surge.
๐ฅ Donโt be distracted by the recent red candles โ momentum is shifting. $BTC
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๐ The Bullish Case (Why Buy BTC Now?)
๐น Key Support Found: BTC found solid support at the $107,400 level. The selling pressure completely vanished there, and buyers rushed in with force.
๐น Downtrend Exhausted: The bearish move from $118,869 has clearly lost momentum. Price is stabilizing just under the highs, signaling accumulation.
๐น Powerful Reversal Signs: Weโve seen a massive green rally candle, followed by sideways consolidation โ a textbook bullish flag. Volume is steady, and RSI is healthy at 63, showing room to move.
๐น Fantastic Risk/Reward: Buying near this consolidation zone around $117,500 gives a great R:R setup. A tight stop just below $114,400 makes the risk minimal. $BTC
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๐ The Trade Recommendation:
This is a classic breakout-in-waiting setup. BTC is coiling under resistance, ready to explode.
โ BUY: In the current range of $117,300 โ $117,600
๐ฏ TP1: $119,400 (local resistance)
๐ฏ TP2: $121,000+
๐ SL: $114,000 (tight stop below structure)
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๐ฅ The Bottom Line: The sellers are gone. BTC is pausing before liftoff. This is your chance to get in before the next breakout โ donโt miss it.
๐ Do you think BTC will reclaim $120K this week? Letโs talk ๐
โค๏ธ Like if you're bullish on this breakout โ and follow for more sharp entries early.
