Hey everyone! As requested, here’s my updated analysis on #BTC #cryptouniverseofficial and the current state of the market. I’ll keep it clear and straight to the point, based on the latest data and structure.
MONTHLY OUTLOOK
I still believe Bitcoin is more likely to break above $109.9k before it drops below the previous low at $74.3k (marked earlier with the blue arrow).
The higher timeframe trend remains bullish. Keeping this big-picture view in mind helps cut through the noise and avoid short-term confusion.
WEEKLY OUTLOOK
Looking at the weekly chart, the uptrend is still intact.
First rule of trading: identify the trend. And right now, both the weekly and monthly trends are pointing up.
We’re still in bullish territory.
Key questions now:
• Is there manipulation on the lower timeframes?
• Should we take profits or wait for the next move up?
The latest weekly candle closed strong and bullish (again, see blue arrow), showing buyers are still in control.
Unless a clear reversal signal appears, I’m holding my BTC and watching for a healthy pullback before adding more.
MARKET STRUCTURE
This does not look like a triple top setup:
• No major bearish rejection at the third peak
• Recent candle closed bullish
• Neckline at $91k hasn't broken
So for now, the bullish structure remains intact. No reversal signs yet.
DAILY OUTLOOK
Keep a close eye on the $106k–$109k resistance zone.
If the price gets rejected there with strong confirmation, we might need to reassess.
But as of now, I see no reason to sell.
For transparency:
• I bought at $98k
• Took partial profit at $104k
• Currently holding the rest
• Not adding more until a confirmed breakout
CONFIRMATION SETUP
If we get a strong bullish candle close above $110.5k (on the daily or 4H), I’ll add more to my position.
I’ll be using limit orders just above the breakout to catch the next move.
Until then, it’s about holding steady and managing risk carefully.
If the market dips, I’ll share my updated buy zones—but right now, I’m still bullish and watching for a breakout.
CONCLUSION
• Still bullish after a strong weekly close
• Staying cautious—not going all in until we see a breakout
• Watching the $106k–$109k zone closely
• Will update again if conditions change
Everything’s explained above—please read fully before asking questions.
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