BTC has pumped above $100K and is currently trading around $103K, showing strong bullish momentum. The breakout from consolidation confirms a shift in structure.
🔸 $100K Is the New Support
The previous resistance zone around $100K is now acting as a strong support. As long as BTC holds above this level, bulls remain in control.
🔸 Upside Target: $110K – $120K
With this breakout, BTC is on track to hit new ATHs. Price could rally toward $110K next, with $120K as a stretch target if momentum continues.
🔸 Risk Level: $99K –
98KIf BTC drops below $99K, expect a possible retest of the $90K breakout zone. A failure to reclaim $100K after that would weaken the bullish case.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.