🍋🍋🍋$BTC demonstrates a strong uptrend — a series of large green candles and a breakout above $122,000.

An ascending channel has formed, supported by volumes and MA.

📈 Moving Averages (MA):

MA(7): $122,267

MA(25): $120,948

MA(99): $119,135

Price is above all MAs ➝ clear bullish trend.

📉 RSI (6): 69.00

At the edge of the overbought zone, but not critical yet. Still signals market strength.

📊 Volumes:

Significant volume on the breakout — confirms buyer interest.

---

🧭 Today's Forecast

📌 Bullish Scenario:

🔹 If BTC breaks and holds above $122,700, the next target is $123,500–124,000.

⚠️ Correction Scenario:

🔹 A possible short-term pause/correction to $121,900–121,400 (support zone near MA(7)) before a new wave of growth.

💡 Recommendation:

📈 For long positions — it's better to enter after a breakout above $122,700 or from the $121,400 zone with confirmation.

📉 For shorts — it’s worth waiting for a reversal formation on smaller timeframes and RSI > 75.

🟢 Conclusion:

BTC is in an uptrend, with good chances for continued growth. But RSI is close to overheating — traders should monitor volumes and price reactions at $122,700.

#BTCanalysis #bitcointoday #BinanceChartAnalysis #BTCBreakoutWatch #cryptotrading 🟢📊🚀