🔥🔥🔥#Bitcoin 🤑🤑🤑(BTC/USD) - Bullish Continuation After #Breakout 🔥🔥
Trend: Bitcoin has recently 🔥🔥🔥#Brokenheart 🤑🤑🤑 above a key resistance level (~$95K–$99K) and is showing signs of bullish continuation.
Current Action: Pullback to retest the former resistance as support, a typical bullish structure before another upward leg.
🤑🤑🤑🔥🔥🔥#targetsAchievedSuccessfully 🔥🔥🔥 Highlighted by Analysts:
$104,550 — Near-term resistance and potential breakout target.
$106,000–$109,000 — Projected targets by wave analysts, marking a continuation of a wave 5 move.
Risk Levels:
Short-term support around $95,000–$95,400 (retest zone).
Key downside target (if failed) could be $86,600, per some traders' risk models.
Sentiment: Mostly bullish across major exchanges (🔥🔥🔥🤑🤑❤️🔥#MostRecentTrade 🔥🔥🔥🔥Coinbase, Bitfinex, Bitstamp), but oscillators and moving averages show neutral signals, suggesting some caution.
Key Considerations
Historical patterns (2021 comparison) suggest a similar bullish structure.
Volume interpretation and technical indicators should be analyzed carefully — red and green volume bars may mislead.
If support holds on the retest, continuation toward all-time highs appears likely.