📈 $BTC Charging Back — $116K Breakout Incoming? 🚀💰
Bitcoin has rebounded impressively off the $114,000 zone, signaling that bulls are not done yet. Price is now consolidating just below $116K, teasing a potential breakout as buying pressure builds across spot and futures markets.
🔹 Current Stats:
• Price: $116,005
• Daily Change: -1.98%
• Support Zone: $114,000
• Key Resistance: $116,200
📊 Trade Setup (Long Position):
• Entry: $115,700 – $115,900
• Stop Loss: $114,800
• 🎯 Target 1: $116,800
• 🎯 Target 2: $117,500
🧠 Market Insight:
Watch closely for a strong 1H candle close above $116,200. That breakout could trigger short liquidations and send price quickly into new local highs. Momentum is shifting — bulls are regaining control.
Buy and trade now $BTC
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