strong buy
Bitcoin Breakout: $130K Short-Term, $145–150K Medium-Term
I believe Bitcoin's breakout above the $120,000 level confirms bullish momentum and opens a clear path to a near-term $130,000 target within the next two weeks.
Medium-term, I forecast continued upside toward the $145,000–$150,000 range if momentum sustains and prior resistance holds as support.
I remain cautious on potential pullbacks and recommend disciplined position sizing and stops to manage downside risk while riding the uptrend.
Source available for registered users Sign Up Free
Analysis
Price action shows a decisive breakout above a key resistance at $120,000, indicating momentum and a higher probability of continuation. If $120,000 now acts as support, the path to $130,000 is reason...
Recommendation
Positive bias: consider entering on strength or measured entries on pullbacks, target $130,000 within ~2 weeks and $145k–$150k medium-term; use tight risk controls and adjust stops if $120,000 is recl...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.