🚨 $BTC /USDT – Breaking Out or Burning Out? 🔥🚀
#Bitcoin is on a tear, trading at $111,446.16 (+2.39%), after tagging a 24h high of $111,999.79. With RSI pushing deep into overbought territory and MACD heating up, is this a true breakout—or are bulls overextending?
📊 Market Overview
📍 Current Price: $111,446.16
📈 24h High: $111,999.79
❄️ 24h Low: $108,324.53
📊 Parabolic SAR: $107,007.26 (Uptrend confirmed and accelerating)
📉 MACD Momentum:
DIF: 5.14K
DEA: ~0
MACD: 5.14K (Massive bullish momentum!)
📊 RSI (6): 72.31 – Overbought zone 🚨
📈 BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BTC Holds Above $111,000):
Entry: Above $111,500
Targets: $112,250, $113,000, $114,500+
Stop-Loss: $110,000
🔹 Bearish Scenario (If BTC Drops Below $110,000):
Entry: Below $110,000
Targets: $109,100, $108,050, $107,000
Stop-Loss: $111,500
🔍 Should You Hold or Sell?
✅ RSI > 72 and MACD exploding = strong breakout signal
✅ Holding $111K+ = bullish continuation likely
⚠️ Extended RSI = potential short-term rejection—watch for volume dips
💡 Pro Tip:
🚀 Watch $111,500–$112,000 zone—if flipped into support, bulls could aim for $115K+
⚠️ Low-volume push = possible fake breakout. Manage risk tightly!
📢 What’s your BTC strategy—scaling in or cashing out profits? Let’s hear it in the comments!
🔥 LIKE & SHARE if you're riding this crypto wave smartly! 🚀