💥 $BTC – Bitcoin Technical Outlook
Current Price: $117,426
Market Mood: 📈 Bullish with breakout potential
Upside Targets (Resistance):
1️⃣ $115,500 – Key breakout confirmation
2️⃣ $118,000 – Medium-term resistance
3️⃣ $120,000 – Psychological milestone
Downside Supports:
1️⃣ $114,500 – Strong intraday base
2️⃣ $112,000 – 50 EMA + Fib zone
3️⃣ $109,300 – Critical support to watch
📌 Trade Plan:
Long Entry: Above $114.5K → Target: $118K
Short Entry: If rejected at $118K → Target: $112K
Stop-Loss: Below $114K for longs | Above $118.5K for shorts
💡 Insights:
Institutional inflows rising 📊
Buyers stepping in on every dip 🔄
RSI near 65 → Healthy, room to run ✅
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