#BreakoutTradingStrategy
📈 Bitcoin Set to Soar?
Here’s What Could Trigger a New All-Time High:
🔮 Rate Cut Catalyst: If the Fed lowers interest rates this month, BTC could make a strong push toward a new ATH.
💰 Target Price: A breakout above $108,547 could trigger a 4.95% rally to $113,913, per bullish chart patterns.
📊 Technical Signals:
📐 Bullish pennant forming on 4-hour chart
📈 RSI at 51 – indicating room for upside momentum
🟢 AO bars turning green – bearish pressure fading
🚀 Buyer Momentum: Bulls may gain control as indicators point toward strength building.
📅 Key Date: Fed’s inflation report next week could be the tipping point for a breakout—or more sideways action.
⚠️ Without a rate cut or bullish news, uncertainty may keep Bitcoin in a holding pattern.