๐ $BTC Technical Outlook
โ Strong Bounce: BTC took solid support at $116.8K.
โ Buyers in Control: Order book shows 72% buyers โ strong demand zone.
โ MA Levels: Price holding above 7 & 25 MA. Break above 99 MA (~$119.4K) could accelerate momentum.
โ Volume Pickup: Green candles forming with improving inflows.
โ ๏ธ Risk Factor: If BTC loses $116.8K support, price may dip towards $115K short-term.
๐ My Take: A daily close above $118.7Kโ$119K opens the path to $121K target in the short term. If the breakout fails, sideways action or a minor dip can follow.
๐ฅ Clear support & resistance zones always guide the trade. Smart levels = Smart entries.