#BTCWhaleTracker

๐Ÿ” TECHNICAL ANALYSIS (1D Chart โ€“ Binance)

โœ… Trend Overview

Bitcoin continues its bullish breakout, pushing toward local highs.

The price has moved from 92,800 to 123,218, marking strong upward momentum.

Consistent higher highs and higher lows indicate a healthy trend continuation.

๐Ÿ“Œ Key Levels

Resistance

123,218 (Recent top)

124,738 (Next breakout zone)

Support

117,453 (24h low)

111,354 (Short-term support)

104,663 / 97,971 (Deeper pullback zones)

๐Ÿ“Š Indicators:

MA(5): 19,610

MA(10): 18,409

โžก๏ธ Price is well above both = strong momentum confirmation

Volume: Spiking with each breakout, indicating institutional participation

๐Ÿ“ฆ VOLUME & ORDER BOOK ANALYSIS

๐Ÿ”ฝ Buyers Side

Strong buying interest around 117,000โ€“118,500 USDT

High bid density in this zone suggests accumulation phase continues

๐Ÿ”ผ Sellers Side

Major sell walls at 120,500โ€“123,500

Traders may face resistance near previous highs

๐Ÿ” Order Book Bias

Currently buyer-dominant, with price action confirming support under demand.

๐Ÿง  FUNDAMENTAL ANALYSIS & MARKET SENTIMENT

๐Ÿ“ฐ Recent Catalysts

BTC & ETH Options Expiry: Expected to cause volatility and potential trend acceleration.

Macro Tailwinds

Fed's rate pause increases investor risk appetite

USD weakening=BTC demand rising

ETF & Institutional Flows: Bitcoin ETFs showing net inflows, supporting bullish narrative

On-chain Activity

Exchange reserves decreasing=HODLers accumulating

Stable hash rate=strong network health

๐ŸŒ Global Risk Factors

Regulatory updates remain neutral in the US, but any surprise moves could impact price.

Geopolitical tensions can cause safe-haven buying or risk-off drops.

๐Ÿงญ OUTLOOK

Time Frame Sentiment Target Short-Term๐Ÿ”ผ Bullish123,000โ€“125,000 USDT Mid-Term๐Ÿ”ผ Bullish130,000+ if breakout sustained Downside Risk๐Ÿ”ฝ Pullback111,000โ€“104,000 support zone

โœ… STRATEGIC INSIGHTS

"Strong trend, healthy volume, and macro tailwinds favor continued upsideโ€”but stay cautious near resistance. Watch for breakouts or retracement entries

$BTC