BITCOIN is once again at a critical resistance level. A breakout above $109K would confirm a new ATH and likely spark another leg up, but a strong rejection here might signal that the rally was a trap, echoing patterns we’ve seen in past cycles.My Take: We’re at a make-or-break moment. Confirmation from this level will decide the next big move.
What’s your take—breakout or rejection?
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Telegram Channel:
t.me/PetrockTheAnalyst
Free Trial / Contact Us:
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Recommended Exchanges:
Mexc
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Bybit
bybit.com/invite?ref=761XRO
t.me/PetrockTheAnalyst
Free Trial / Contact Us:
t.me/PetrockTheAnalystSupport
Recommended Exchanges:
Mexc
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Bybit
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Related publications
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.