$BTC is setting up for an exciting move, and it looks like we're following the green scenario I outlined earlier. If Bitcoin manages to reclaim the 4H support/resistance demand zone and holds within the range I’ve drawn, the path to a new all-time high becomes much more likely.
As I mentioned in my last update, I’ve already entered a position. My stop-loss is placed at a strategic level on the chart, but if the price breaks below the red dashed "45M Wick" line on the 3H and 45M timeframes, and we get 1–2 candle closes below that level, I'll be closing the position to cut losses.
Target levels are clear: first target is the RH zone around \$120K, and the second target is the sell-side liquidity zone around \$122K. I'll be looking to take some profit at these levels, but I'm also keeping a portion of the position open in case we see a breakout into new ATH territory.
This could be a pivotal moment for BTC. If the market holds strong, the upside potential is massive—watch closely as we approach these key levels.
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