📊 BTC: potential for a new impulse is forming
The price remains in a sideways trend after falling from a high of $124,000. Currently observed:
🔹 3 rising lows
🔹 Resistance — sloping downward trend line
🔹 Local volatility and stop losses — normal behavior before a breakout
📐 Upon breaking through the trend line and using Fibonacci extension
→ Growth target: $140,000 range
📉 The scenario is canceled upon a downward breakout:
Key support zone — $111,000 (purchase volumes)
Loss of this zone = local superiority of sellers
🧯 Liquidation zones: $114,000 and $122,000 — liquidity clusters
Monitor price reaction when approaching
📥 There was also a large inflow on CEX exchanges recently
→ Don't get carried away with leverage — sharp movements are possible
