$BTC 💣 🚀 🔥 BOOOOOOOOOM BTEAKOUT 🔥 🔥 🔥 🔥

📊 BTC Trade Setup at $108,400 (Volume: $1.71 B)

Here’s a sharp and unique trade setup tailored to current conditions, complete with chart structure, technical indicators, and both bullish and bearish scenarios.

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1. 📈 Chart Structure & Patterns

Flag / Pennant Breakout: Bitcoin recently broke out from a consolidation flag, anchored by a sharp uptrend from April, signaling continuation toward higher highs .

Ascending Channel: Price respects a rising channel—support near $107K–$108K, resistance near $112K. Breakout above resistance likely propels BTC toward $137K .

3. 🎯 Trade Scenarios

Scenario Trigger Entry Zone Targets Stop-Loss

Bullish Daily close & retest above $109,000–110,000 ~$109K+ T1: $112K, T2: $120–125K, T3: **$137K+** < $107K

Bearish Rejection at $112K or breakdown < $107K ~$108K–109K T1: $104–105K, T2: $100K, T3: $92K–95K > $112.5K

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4. 🧭 Rationale & Insights

Continuation potential via flag and channel patterns—upside momentum remains strong .

Golden Cross + institutional inflows (e.g., ETF demand), fuel mid-term bullish bias .

Support at $107K aligns with trendline and psychological level—key bull pivot.

Risk Management & Execution

Require volume confirmation for breakouts/breakdowns—low volume moves may be false signals.

Use trailing stop-losses near breakout points to lock in gains.

Scale out at each profit target—avoid greed.

Consider macro triggers: inflation data, Fed commentary, ETF flows—all can impact BTC moves.

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🧩 Summary

Bullish trade: Break & hold > $109–110K → push to $112K → $125K → $137K+

Bearish trade: Fail resistance or break < $107K → retest $104–105K → $100K → $92–95K

Critical zones:

Bull invalidation: < $107K

Bear invalidation: > $112.5K

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