Everyone has already closed deals at 18k because no one believed, but $BTC is taking off again

$BTC broke the key level of $118,200 and approached $118,750.

A stable uptrend is forming with consecutive higher highs and higher lows.

📊 MA (moving averages):

MA(7) ($118,348) and MA(25) ($118,016) — both below the price, confirm the uptrend.

MA(99) ($117,635) acts as reliable support.

📈 RSI(6): 74.39

Approaching the overbought zone (above 70), signaling a possible short pause or correction.

📊 Volumes:

A surge in volumes during the breakout — confirms the strength of the move.

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📌 Forecast for today:

✅ Bullish scenario:

🔹 If BTC holds above $118,500 — a breakout above $118,750 is possible with further movement to $119,200–119,500.

⚠️ Bearish scenario (correction):

🔹 RSI may trigger a short-term pullback to the support zone of $118,300 – $118,000.

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🎯 Recommendation:

For traders: Opportunity for scalping within $118,300–$119,000.

For investors: Watch for a breakout above $118,750 — this might confirm further uptrend.

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📊 Summary: BTC shows a strong breakout on volumes, but RSI indicates potential overheating. Caution is advised near $118,750.

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