๐จ $BTC Market Update โ๏ธ
Bitcoin's monthly candle has officially hit a new high! โ๏ธ
At the start of the month, we predicted a breakout at this level โ and now the daily chart hasn't even paused for a pullback, just straight strength! ๐
๐ The 4H and daily timeframes are still bullish, with a good chance of pushing even higher.
โฐ Key timing zones to watch: July 11th & 16th โ potential reversal or continuation points.
๐ Historically, Bitcoin never climbs without a pullback. So while the momentum is strong, thereโs a possible correction toward $109,000 before resuming the uptrend.
๐ Upper Resistance Levels:
โ $112,550
โ $113,500
๐ Support Zones:
โ $109,000
โ $107,900
โ ๏ธ If price pulls back but stays above $107,200, the bullish structure remains intact and we can expect a retest around $112,000.
However, a break below $107,200 may confirm a deeper daily chart correction.
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