Bitcoin
Technical Outlook - Breakout in Progress
๐ฅPrice breaks the critical red box area - indicating the continuation of the overall bullish trend.
๐Market Structure:
Confirmed Higher Highs (HH) + Higher Lows (HL)
Pullbacks still within the bullish structure
Currently moving above the 0.5 mid-range level - a key momentum area
Eyes on the next high range (~ 135k โ 150k USD)
๐ก What it indicates:
โค๏ธOverall structure is bullish
โ๏ธBreakout above the resistance box confirms strength
โ๏ธBulls are in control - invalidation below HL (~ 83k USD area)
๐ง Smart money entered early
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