✅ 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