BTC Outlook – Weekend Highs Possible
Bitcoin appears poised to potentially set a new all-time high this weekend.
The Bollinger Bands have provided strong inverse support, indicating that the price is consolidating before a likely expansion.
For this expansion to validate a breakout, BTC must maintain levels above $108.7K. Sustained trading above this threshold could trigger a significant move upward, confirming the potential for a new peak.
Strategy Tips:
✅The correction plan remains unchanged for new entries.
✅However, existing holders of BTC may consider riding this expansion wave, as it offers promising profit potential.
✅A trailed stop-loss (SL) at $108.7K is recommended to protect gains while allowing for upward movement.
