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BTC Breakout Plan to 114.8k

Bitcoin can be driven up from here toward 114.8k. The trend was broken, so a retest is expected at minimum. We’ll assess after that; if it breaks and closes above, I’ll open a long position.
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Analysis

Context and setup point to a bullish breakout scenario for Bitcoin. The analyst notes that the trend has already been broken, implying a shift in momentum that could attract buyers on a retest or cont...

Recommendation

Recommendation: Monitor the retest zone after the initial trend break. If price holds above the breakout threshold and closes bullishly on a higher time frame, initiate a long position targeting 114.8...

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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