The Bitcoin Fire Test at $108k!
The day was euphoric with the BTC breakout. The hard work has been done, but the most important part happens now. The day after the breakout is the day of truth.
The Most Critical Point for the Next 24 Hours:
All market attention will be focused on a single goal: defending the $108k zone as new support.
* What to watch? Monitor whether Bitcoin can maintain and consolidate ABOVE the level it just broke. Transforming the old and strong resistance of $108k into a new and solid floor is the definitive sign that the current uptrend is sustainable.
* The Ideal Scenario (Bullish): The price makes a slight pullback close to $108k, finds strong buying demand, and rises again. This would confirm the support and pave the way for higher targets.
* The Alert Scenario (Bearish): If the price falls back below $108k and fails to recover quickly, it signals weakness and increases the risk that today's breakout was a "bull trap."
Tomorrow is the day of confirmation. Today's optimism needs to be validated by tomorrow's strength.
Get ready! Good night everyone and happy trading.
🔥 What are your predictions for tomorrow? Does the support hold or does the resistance prevail?
