#Bitcoin surpassed the $114k region, starting the new week positively.

With the surpassing of this region, $BTC has set a new high peak and turned the short-term outlook positive. Additionally, the 200-day moving average, which acted as a pinpoint resistance after the decline, has also been crossed.

As I mentioned earlier, we made a purchase with an H4 close above $114k, staying true to the plan. Our first target will be to follow the $126k resistance. Our stop condition will be if the price closes below $113k on an H4 basis.

The risk we are taking is losing 2%, while the potential return we can achieve is approximately 10% gain. I believe the risk-reward ratio is quite reasonable for this trade.

Simultaneously, some technical indicators have also turned positive. I will share these data with you all during the day.

Wishing everyone a great week and plenty of profits.