#ShareYourThoughtOnBTC ๐ #ShareYourThoughtOnBTC
Bitcoin ($BTC) has once again proven its dominance by pushing towards new all-time highs. But whatโs next? Here's my take:
๐ Current Outlook:
Despite recent highs, weโre seeing signs of weakening momentum on lower timeframes โ especially with increased fakeout risks and bearish divergences. Smart traders should stay alert for potential pullbacks or traps.
๐ Short-Term Caution:
If BTC fails to hold above $119K convincingly, we could see a drop toward $115K or lower. Ideal time to watch for short setups โ only on confirmed rejections.
๐ Long-Term Bullish:
Big picture remains strong. Institutional interest, ETF inflows, and global adoption are fueling Bitcoin's long-term uptrend. Dips are still being bought aggressively.
๐ฌ Your Turn:
Do you think BTC will break $125K soon, or is a deeper correction coming first?
Drop your thoughts with #ShareYourThoughtOnBTC