🚨 Bitcoin Daily Market Update – Uptrend Still Intact! 🚨

Bitcoin ($BTC ) remains firmly in an uptrend and has now broken above $121,000, following the bullish Elliott Wave projection toward new all-time highs — potentially this week.

📊 Current Structure

Price is holding above the May all-time high after a 3-wave corrective pullback.

Now in Wave 5 of 3, with potential extension toward $130,000.

📍 Key Support Levels

Immediate Support: $119,338 – $120,900 (maintains short-term uptrend)

Secondary Support: $118,126

Critical Support: $116,420 (break here = bigger pullback risk)

📍 Key Resistance / Targets

Near-Term Targets: $123,640 → $124,930 → $125,850 (internal Wave 3 targets)

Ultimate Target: $130,000+ if momentum extends.

⚠️ Trend Watch

First early warning of weakness = break below $119,338.

No confirmed top yet — trend remains bullish.

Bears calling tops without confirmation risk missing the uptrend continuation.

💡 Summary: BTC is following the bullish scenario perfectly. As long as $119,338 holds, higher prices remain the base case.

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