Bitcoin – Bullish Breakout Setup

📊 Current Price: 118,500 USDT

📈 Technical Pattern:

Price Action: BTC is forming a bullish continuation pattern (bull flag or descending triangle breakout).

RSI Indicator: Shows a breakout from a descending trendline, with a successful retest (highlighted in yellow), suggesting growing momentum.

🎯 Target Range:

If momentum holds, the next projected move could target the 127,000 – 130,000 USDT zone.

🔎 Key Confirmation Signals:

Price breaking above the blue trendline (resistance).

RSI maintaining above 50–55 range and breaking into new highs.

📌 Conclusion:

BTC looks technically poised for a new leg up toward the 130K region, supported by both price structure and momentum.

#Bitcoin $BTC