$BTC 🔥 – What's your sentiment today?
Here’s my take with full technical context:
Weekly: Bullish engulfing candle after clear correction—potential reversal confirmed.
Daily: All SMAs/EMAs aligned bullish—classic long-term uptrend.
Hourly/4h: Sideways under $108K–$109K resistance, tightening Bollinger Bands—setup for breakout.
Key Levels: Bullish breakout above $110K could target $115K–$120K. On the flip side, dive below $105K–$107K support could lead to consolidation.
Indicators: RSI ~59, MACD mixed across timeframes—balanced but supportive tone. Institutional ETF flows are strong overall, despite a minor pause.
📈 The path of least resistance seems upward, but control of key zones ($108K–$110K and $105K–$107K) will tell the story.
How do you feel? Bullish breakout incoming, cautious consolidation, or room for a pullback?
👇 Share your bias, chart snapshots, and why. Let’s dissect it together!
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