#MetaplanetBTCPurchase
📍 Bitcoin Bounce Builds — Eyes on $106K Breakout
#Bitcoin #BTCUpdate #CryptoOutlook
Bitcoin is back at it again—bouncing cleanly off the trendline near $103K and now tightening into a breakout zone. I’m closely watching the $106K level, which could be the trigger for a bigger move toward $110K.
🟠 Triangle Pattern Still in Play
Right now, BTC is moving inside a symmetrical triangle on the 4H chart. We’ve seen consistent higher lows, showing that buyers are stepping in on dips, but $106K remains a stubborn ceiling. The more we test it, the more likely it breaks.
🟢 Bullish Breakout Setup
If Bitcoin breaks above $106K with volume, I expect we’ll see momentum push toward $110K quickly. This area has held as a major barrier before—but if bulls flip it into support, the market could get aggressive fast.
🔴 Risk If Rejected Again
If we get rejected at $106K again, I’m watching for a possible drop back to the $103K trendline. A clean break below $102K would flip the short-term structure bearish, and we could see a fast pullback as stops get hit.
🔎 My Key Levels Right Now:
$106K = breakout trigger
$110K = next resistance target
$103K = trendline support
$102K = invalidation level
📊 Volume has been low during consolidation, but I think the breakout is getting close. Whether we break up or down, this triangle won’t last much longer.
Let’s see what Bitcoin does next.