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BTC

Bitcoin eyes $160k — conditional breakout needed

I believe Bitcoin may be gearing up for a run toward $160,000 after the recovery of a key bullish pattern. Rekt Capital’s scenario — target $160,000 if BTC holds $119,000 and breaks $126,000 — is plausible but conditional.

Short-term pullbacks remain possible, yet the technical picture is constructive and historical price behavior supports an uptrend. Still, time and price pressure mean the market will soon demand clearer confirmation before I get more aggressive.

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Analysis

The bullish case depends on two clear technical gates: sustained support at $119k and a decisive breakout above $126k with volume. If both occur, momentum likely accelerates toward $160k; if not, risk...

Recommendation

Watch for confirmation: prefer to add on a clear breakout above $126,000 with supporting volume or consider risk-managed exposure if BTC consistently holds $119,000; use stops and position sizing to l...

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.

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