๐ $BTC/USDT โ MONTHLY BULLS SHOW STRENGTH, BREAKING BARRIERS ABOVE $100K ๐
Bitcoin has delivered an exceptional monthly performance, surging from the low of $108,064 to a high of $111,980, and is currently consolidating around $108,453. This monthโs candle on the 1M chart reflects strong bullish conviction, as price stays well above the critical 7MA and 25MA levels โ $95,731 and $64,679, respectively.
The momentum has sustained throughout the month with increasing volume, supported by broader institutional interest and a shift of capital into crypto amid weakening fiat performance. The strong bullish structure continues to favor the bulls unless price closes below $95,000 on the monthly chart.
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๐ BTC Monthly Technical Breakdown
โข Price Range (1M): $108,064 โ $111,980
โข Support Levels: $95,574 โข $74,343 โข $53,112
โข Resistance Ahead: $111,980 โข $116,805 (macro resistance)
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๐ฎ Future Prediction & Market Outlook
If Bitcoin breaks and holds above $111,980 on strong monthly volume, the next psychological target sits at $116,800, followed by an extension toward $125,000. However, if we see a rejection near $110K and a close below $104K, expect a short-term correction to the $95,500 support, which coincides with the 7-month MA.
As long as BTC holds above the $95,000โ$96,000 zone, the bullish cycle remains intact. Monthly MA crossover is in favor of buyers and momentum indicators support continued upside.
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๐ Strategic Trading Plans
Swing Traders (Bullish Bias)
โข Entry: $106,500 โ $108,000
โข TP1: $111,800
โข TP2: $116,800
โข TP3: $125,000
โข Stop Loss: $102,000
Long-Term Holders
โข Accumulate in dips below $100,000
โข Major invalidation below $89,000 monthly close
BTC remains the king of crypto, and this monthly chart is a textbook case of bullish continuation. With volume rising and global adoption narrative strong, donโt be surprised to see new ATH attempts in Q3.