Bitcoin has been moving silently over the last few days, floating between $115,000 and $123,000. Many believe it's just another period of consolidation, while others say a powerful breakout is brewing.
One thing is clear: the market is setting up for a big move — and the charts are hinting it might come soon.
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📊 Technical View:
On the 4H chart, $BTC is forming a symmetrical triangle pattern. This usually indicates a breakout is close.
Support Level: $115,000
Resistance Level: $123,500
If it breaks above resistance, we could see a rally. If it drops below support, Bitcoin might test lower zones.
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⚔️ My Trading Plan:
I'm currently preparing for quick scalps using small leverage on Binance Futures.
If $BTC breaks down below $117K, I’ll look for a short entry
If BitCoin breaks out above $121K with volume, I’ll enter a long
Always remember: risk management is key.
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💬 What’s Your Move?
Do you think Bitcoin is ready to break out? Or is another dump coming?
Drop your thoughts in the comments! 👇
And if you're ready to trade, just click the Bitcoin tag in this post and enter your position directly on Binance.
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