šŸš€ Bitcoin Market Update – New All-Time High šŸš€

šŸ“Œ Latest Price Action:

Bitcoin hit a new ATH

Approaching macro target zone near $130K for this bull market.

šŸ“ˆ Key Structure:

Larger wave count: Wave 1 (2022 low) → Wave 2 → Wave 3 → Wave 4 → Wave 5 in progress.

On micro level: Possible ending diagonal pattern.

šŸŽÆ Key Levels to Watch:

First micro support: $116,930 – $121,358.

Break below $116,930 = early warning of short-term weakness.

Major invalidation: $112K (2nd Aug low).

šŸ•³ CME Gap:

Exists between $116K – $119K → potential magnet zone for price.

⚠ Outlook:

As long as pullbacks remain corrective and $BTC holds above $112K, bias stays bullish.

Consolidation likely before next push higher.

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