We're witnessing continued strength in the market as prices remain firmly bullish, consolidating near recent highs. The trend is showing resilience, and if it holds, we could be gearing up for a final breakout rally toward the $1.4500 - $1.4800 zone, aligning with the upper monthly resistance.
What's Driving This View?
The market structure remains intact, with higher lows forming a solid base. Consolidation near key levels is healthy and indicates potential for another leg up, especially if volume supports the breakout.
Key Resistance Levels to Watch:
$1.160 – Immediate resistance; a clean break could trigger momentum.
$1.1150 – A critical pivot level; holding this strengthens bullish case.
$1.0850 – Strong past support turned resistance.
$1.0100 – Must-hold psychological and technical support.
As long as these levels are respected, especially above $1.0100, the bulls have a clear upper hand. Traders looking to capitalize should keep a close eye on the charts — this could be the last major move before a potential reversal or correction.
Market Sentiment:
Optimism is building, but stay sharp — resistance zones above are historically reactive. Patience and solid risk management will be key.
Potential Trading Strategy:
Look for entries near pullbacks into support zones, targeting the $1.4500–$1.4800 range. Set stop-losses below major structure to reduce downside risk.#SaylorBTCPurchase