Bitcoin at Critical Resistance – Will the Rocket Launch or Stall? 🚀
Bitcoin is once again knocking on the door of the $111,985 resistance zone after a solid bounce from $99,937. This level has acted as a ceiling multiple times, and bulls now have a real shot to flip it into support. A clean breakout could fuel a sharp rally toward $116K+ – but rejection could send BTC back toward the $100K demand zone. Eyes on the breakout!
Trade Setup:
Entry: $109,500
TP1: $112,000
TP2: $116,000
Stop Loss: $106,000
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