🚨Bitcoin: Massive Breakout or a Local Top? Here’s the Game Plan!💥
Bitcoin is currently sitting in a critical "Make or Break" zone. While the recent volatility has many retail traders feeling anxious, the charts are telling a very specific story.
Key Technical Insights You Need to Know:
Resistance Level: $BTC is facing heavy supply at the upper resistance zone. Until we see a clean "Flip" of this level into support, a new All-Time High (ATH) remains just out of reach.
Whale Activity: On-chain data suggests that large wallets (Whales) are choosing to HODL rather than sell into this strength. This is generally a long-term bullish signal.
Market Sentiment: The Fear & Greed Index is currently flashing "Greed." History reminds us to stay cautious when the masses get over-excited.
My Personal Strategy:
I am currently in "Wait and Watch" mode. If BTC successfully holds its key support zone, it could present a high-probability long opportunity. However, if the support cracks, I’ll be patient and look for entries at lower liquidity levels.
What’s your move?
Do you think BTC is headed straight for $110,000, or are we due for a healthy correction first?
Drop your thoughts in the comments—let’s track this move together! 🤝
