$BTC — Decision Time ⏳
Bitcoin is consolidating inside a descending channel, and right now it's flirting dangerously close to the upper resistance line. Think of it as texting your ex at midnight — risky, but could lead to fireworks.
📊 Key Levels:
Resistance: ~106,000 (top of the channel)
Support: 104,900–105,100 (held up by MA50 & MA100)
🟢 Bullish Scenario:
Break and hold above 106,000 → confirmation of breakout → targets:
106,800 → 108,500 → 110,000+
Watch for volume — if it spikes, bulls may finally win the staring contest.
🔴 Bearish Scenario:
Fail at resistance and break support → drop toward:
104,500 → 102,800 → 100,500
In that case, don’t catch falling knives. Or falling BTC.
📌 Strategy:
Long: only after confirmed breakout
Short: only after rejection + break of support
Use tight stops. Respect your deposit — it worked hard to be here.
TL;DR:
BTC is stretching against the resistance like it wants to break free. But until it does, this is still bear territory. Stay sharp — and maybe hide the FOMO button for now.