🚀 Pair $BTC /USDT -
Bullish breakout above the 119,000 level!
The pair $BTC has broken the main resistance level at 119,000, confirming a strong bullish momentum and continuation towards new local record levels.
📈 Long-term entry zone:
119,500 - 119,850 USD
🎯 Profit-taking targets (TP):
121,000 USD
122,300 USD
123,800 USD
125,500 USD
127,000 USD and above
🛑 Stop loss (SL):
117,800 USD (below the previous breakout structure)
📊 Technical notes:
Clear breakout above the previous high with strong bullish candles
The Relative Strength Index shows momentum but is still not overbought on the hourly/four-hour chart
Alternative currencies like $BNB and $ETH also show strength, confirming the prevailing market trends.
📝 Note: As long as $BTC maintains its price above 119,000 USD, the bulls will remain fully in control, with the possibility of continued upward movement in the short term.
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