Could liquidate 93k if breked out
Bhut we should look for 1.50k from here
_Wendy
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Bullish
$BTC Bitcoin’s ($BTC /USDT) chart is setting up for a big move!
That symmetrical triangle shows it’s coiling up—consolidation with tighter ranges as it bounces off the support trendline, which is giving bulls some hope.
The momentum’s there, but the Ichimoku Cloud looming overhead is a tough nut to crack; it’s acting as a dynamic resistance zone.
If BTC can punch through the upper trendline and clear the cloud, we could see a bullish breakout—maybe targeting the next big psychological level like $70K or higher. On the flip side, a breakdown below the support trendline might send it tumbling, possibly testing lower supports around $60K or less.
It’s a waiting game now—any hunch on which way it’ll break?
That symmetrical triangle shows it’s coiling up—consolidation with tighter ranges as it bounces off the support trendline, which is giving bulls some hope.
The momentum’s there, but the Ichimoku Cloud looming overhead is a tough nut to crack; it’s acting as a dynamic resistance zone.
If BTC can punch through the upper trendline and clear the cloud, we could see a bullish breakout—maybe targeting the next big psychological level like $70K or higher. On the flip side, a breakdown below the support trendline might send it tumbling, possibly testing lower supports around $60K or less.
It’s a waiting game now—any hunch on which way it’ll break?
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