👀 #BTC Watch: Are We Getting Ready for the Next Breakout?
Hello, friends! I hope everyone is in a great mood. I would like to share my observation on #Bitcoin / BTCUSD.
The price is currently moving within the ascending channel. After recently touching the bottom of the channel, a recovery and possible upward momentum are expected. My immediate target is $125,000.
📊 Scenario:
Bullish: Continuation of movement within the channel and a breakout to new highs - $125K.
Bearish: Attention to the lower border of the channel - a retest or rollback is possible.
🔑 Key levels:
• Support: lower border of the channel
• Resistance: upper border of the channel
What do you think about the BTC movement this week?
Share your opinion in the comments and trade safely!