Hey everyone! As requested, here’s my updated analysis on #Btc and the market. I’ll keep it clear and to the point, based on the latest data.
MONTHLY OUTLOOK
I still believe #Bitcoin will likely break above $109.9k before dropping below the $74.3k low (marked earlier with the blue arrow).
The trend on the higher timeframe is still bullish. Keeping this bigger picture in mind helps avoid short-term confusion.
WEEKLY OUTLOOK
Look at the weekly chart: we’re in an uptrend.
First rule in trading—identify the trend. And right now, both the weekly and monthly trends are up.
So we’re still in bullish territory.
Main questions now:
Is there any manipulation on lower timeframes?
Should we take profit or wait for another move up?
The current weekly candle closed strong and bullish (blue arrow), which shows buyers are still in control.
Unless we get a solid sign of a reversal, I’m holding my $BTC and watching for a healthy pullback before adding more.
MARKET STRUCTURE
This doesn’t look like a triple top because:
No major bearish rejection at the third peak.
Recent candle closed bullish.
Neckline ($91k) hasn’t broken.
So no reversal for now—bullish trend is still intact.
DAILY OUTLOOK
Watch the $106k–$109k zone. If the price rejects strongly there, we may reconsider.
Right now, I see no reason to sell.
I bought at $98k, took some profit at $104k, and I’m holding the rest.
Not adding more yet—waiting for a confirmed breakout above resistance.
CONFIRMATION
If we get a strong bullish candle closing above $110.5k (on daily or 4H), I’ll add more to my position.
I’ll use limit orders just above the breakout to catch the next move.
Until then, I’m holding and managing risk carefully.
If the market dips, I’ll share buy zones when the time comes. But as of now, I’m still bullish and expecting a breakout.
CONCLUSION
I’m still bullish based on the strong weekly close.
Staying cautious, waiting for a breakout before going all in.
If we see rejection around $106k–$109k, I’ll update again.
Everything’s explained here—read it fully before asking!
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