#BTCBreaksATH #Bitcoin 💰 Bounce or Breakdown?
$BTC just caught a double confluence bounce from MA25 on the daily and MA200 on the 4H chart – a spot where bulls usually defend hard.
If buyers keep momentum, we could see a push toward $124.5K again and a potential breakout toward $130K 🚀
But if bulls lose steam, $110K remains the key downside target 📉
Levels to Watch:
🔼 Bull Target: $124.5K → $127K → $130K
🔽 Bear Target: $117.6K (MA200 4H) → $110K (Major Daily Support)
Right now, the market is at a crossroads — the next few candles will decide whether this bounce is the start of a new leg up or just a dead cat bounce.