#bitcoin preparing to break through? They say — up to $135,000 already this week
On May 20, analysts from TradingShot wrote on TradingView that BTC is about to shoot up. A technical model is forming with a potential breakout to a new peak — $135K.
📉 What model is this?
◾️Break of the horizontal resistance level
◾️Confirmation through volume and RSI
◾️Behavior consistent with historical phases of "before lift-off"
(and a little faith that something in this market can actually be forecasted)
Mr. Belferman's opinion: I've already learned: when everyone says "breakout" — I check if I've forgotten my stop-loss.
BTC at $135K? Possibly. But I remember predictions of $250K in 2021...
So for now, I'm not popping the champagne. I'd rather open the chart — and find my entry point without the hysteria.
📍 Most breakouts look great — until the moment you're on margin with a negative credit card.