๐ PRAYING FOR THIS BREAKOUT ๐
*BTC* is currently hovering at *107K*, and all eyes are on the *110K* resistance level โ the next psychological and technical target.
Hereโs whatโs brewing:
๐ *Structure*: BTC is forming a bullish continuation pattern โ likely a flag or wedge on the 4H and daily charts.
๐ฅ *Momentum*: Volume is rising gradually, indicating bulls are loading.
๐ง *Market sentiment*: Mixed, but leaning bullish as macro fear eases and equities push higher.
๐ก *Catalysts*: Any dovish Fed comments, ETF inflows, or regulatory clarity can send BTC flying.
Why110K matters:
- Major *liquidity pool* for longs and shorts
- Will trigger *FOMO* from sidelined buyers
- Could *unlock a rapid move* to 120K+ if it breaks with volume
Caution โ ๏ธ
If BTC fails to break above110K and gets rejected hard, we could see a quick *retrace to 102Kโ104K* to gather strength.
๐ *Short-term prediction*:
Breakout above 110K = BTC to118Kโ120K zone
Rejection = Consolidation around105K before next leg
๐ Stay sharp, manage risk, and buckle up โ this could be *the breakout we've been waiting for*.