#BTCUSDT – Daily Chart Update 🔥📈
#Bitcoin has successfully broken above the key R1 resistance (~$107,000), confirming strong bullish momentum on the daily timeframe.
🔹 Current Price: ~$117,400
🔹 Now Testing: R2 trendline – acting as dynamic resistance
📐 ABCD Pattern:
The structure remains valid, with point D already completed. This suggests BTC could now be entering a wave extension or a short consolidation phase.
📊 Key Zones to Watch:
• A breakout above R2 = strong continuation toward higher levels
• A rejection at R2 = possible pullback to retest $107,000
Stay sharp — the reaction at R2 will define Bitcoin’s next major move.