🚀 Bitcoin at a Critical Turning Point! 🚀
Bitcoin ($BTC ) is currently at a decisive moment, with price action testing a key trendline resistance. If BTC successfully breaks above this barrier, a surge toward $48,000 could be on the horizon. However, traders should remain cautious—this breakout might also mark the final phase of Bitcoin’s upward trajectory before a potential shift in momentum. The ultimate price ceiling? A staggering $110,000! 💰🔥
📊 Technical Outlook: Bulls vs. Bears
Bitcoin’s recent price movements align with the AB=CD pattern, a well-known technical structure indicating continued bullish momentum. However, the loss of an essential support zone has allowed bearish pressure to intensify. If sellers continue to dominate, Bitcoin may start a corrective phase, targeting the next major support level.
🎯 Key Levels to Watch:
✅ Breakout Zone: A move past resistance could ignite a fresh rally.
✅ Bearish Reversal: If selling pressure persists, Bitcoin might test lower support zones.
✅ Potential Highs: The long-term target remains at $110,000, but staying above key supports is crucial for continued bullish momentum.
Stay vigilant, adapt your strategy, and watch these critical price points! 📢📊
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