$BTC Bullish Momentum Building
Bitcoin has successfully broken above both the $100K support and the 50 EMA at $103K, showing strong signs of bullish continuation. A retest of $103K may occur, but structure now favors the upside.
🔸 Support Now at 103,000 – 100,000 (Acting as Support):
The breakout above $103K flips this zone bullish. If a retest holds, it confirms strength and could launch the next leg up.
🔸 Upside Target: 110,324 and Higher
Now that BTC is trading above $103K, a move toward $110K+ is likely. If momentum continues, a breakout beyond the previous high could follow.
🔸 Risk Level at 103K:
As long as BTC holds above this level on retest, bulls remain in control. A break back below would weaken the setup.
🔸 Outlook:
🔹 Watch for a successful retest of $103K – that’s your long trigger.
🔹 Target zone: $108K → $110K+
🔹 Invalidation: Close back below $103K
Momentum shifting bullish — setup favors continuation higher unless invalidated. Stay alert for breakout volume.
