#cryptotradingpro
đ $BTC just smashed a new all-time high, soaring past $119,444 on Bitstamp! đ
The weekly close brought serious volatility, with shorts getting crushed as liquidations hit $208M in 24 hours, including a massive $1.49M BTCUSDT position on Bybit. đĽ
đ Key Levels to Watch:
⢠Support: $115,000â$116,500 could be tested if #BTC pulls back.
⢠Resistance: $119Kâ$120K is the next hurdle. A break above could open the door to $135Kâ$140K! đŞ
đ The charts are buzzing with optimism. Analysts like Daan Crypto Trades and Rekt Capital are eyeing a potential repeat of Bitcoinâs 7-week âPrice Discovery Uptrendâ from late 2024, which led to a 50% pump. Are we in for another massive rally? đĽ
đĄ Bullish Catalysts:
⢠Record institutional inflows pouring into #BTC.
⢠The upcoming US âCrypto Weekâ adding fuel to the fire.
⢠Rumors swirling about Federal Reserve Chair Jerome Powellâs resignation.
đ Trader BitBull notes this is the strongest weekly breakout since November 2024. With liquidity clusters above and below, the market is primed for action. Will #BTC keep climbing, or is a retest of $114Kâ$115K on the horizon? đ
â ď¸ Reminder: Trading is riskyâdo your own research!
đ Letâs hear your thoughts: Is Bitcoin headed for $140K or a pullback?