BITCOIN prediction according to it,s charta🚨🚨🚀🚀🚀
- Bitcoin is consolidating below the key resistance at $115,000.
- A breakout above this level could trigger a strong bullish continuation towards the $118,300-$118,700 supply zone.
- The current price action suggests accumulation, and bulls may regain full control if momentum holds.
The trade setup provided is for a long position with the following details:
- Entry Zone: $113,900-$114,100
- Take Profit 1: $116,800
- Take Profit 2: $118,600
- Stop Loss: $112,450
The market outlook is bullish, with the expectation that Bitcoin will break above $115,000 and rally towards $118,600. However, if it fails to break, it may lead to short-term consolidation, but the structure remains bullish unless $112,450 breaks.
Overall, the text provides a technical analysis of Bitcoin's market situation and offers a trade setup based on that analysis.
