*🚨 Bitcoin Consolidation Before Big Move? 🚨*
✅💥📉🚀⏱️👈$BTC 👉⏱️🚀📉💥✅
Bitcoin is currently consolidating below👆 *Previous All-Time High (ATH)* — a key technical area that usually precedes either a *strong breakout* or *sharp rejection*.
📊 *Current Price*: 117,960.78
📍 *Region*: Consolidation after a rise (Neutral to Bullish Structure)
This type of tight range often leads to *increased volatility*, and now, it seems Bitcoin *is gathering to continue*.
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🎯 *Trade Setup* (Short-term Trade)
- *TP1*: 122,000 🟢
- *TP2*: 129,000 🔵
- *TP3*: 138,000 🟣
- *SL*: 112,500 🔴 *(Below the main support area)*
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📈 *Future Price Forecast Table (Next 60 Days)*
| Scenario | Target Price | Probability | Notes |
|——————
| Bullish Breakout | 130,000–140,000 | High | Above ATH, FOMO + ETF funds |
| Sideways Movement | 110,000–120,000 | Moderate | Consolidation continues |
| Reverse Retracement | 95,000–105,000 | Low | Only if major events/fed shock the market |
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💡 *Analysis Summary*:
- 🔄 *Consolidation* near ATH shows strength, not weakness.
- 💰 It is likely that big players are accumulating before the next upward phase.
- 📊 A breakout above the range of 119K–120K may trigger a rapid rise.
- ⚠️ Be cautious of false moves — set tight stops below the structure.
📌 *Advice*: Monitor ETF fund flows and dominance index. If Bitcoin's dominance decreases, altcoins may follow suit with explosive movements.
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