📊 Recent Technical Analysis | BTC/USD
Bitcoin #BTC is now soaring above $103,000 for the first time in history!
The markets are witnessing unprecedented buying momentum, driven by institutional liquidity flow and increasing global interest.
🔍 Important Technical Points:
✅ A historical resistance at $100,000 was broken with a strong close – which means we may be facing a new potential uptrend.
✅ Very high trading volume supports the continuation of the upward trend.
✅ A "Cup and Handle" pattern on the daily chart has been confirmed – the next target for this technical pattern reaches $115,000 and possibly $120,000!
📈 Momentum indicators like RSI and MACD show continued buying strength, with no reversal signals so far.
🛑 The opposite scenario? A potential correction to the new support area of $97,500 – $100,000 could be a golden buying opportunity before the uptrend resumes.
💡 Summary:
🚀 Bitcoin shows no signs of slowing down… and we are now at the stage of breaking psychological barriers.
📌 Will you be among the first to enter before reaching $120K?
