Breakout Delivers

Bitcoin just broke out above 115K, hit targets, and retested support. The next move hinges on 116.3K (bullish) vs. 115K (bearish) β€” Friday volatility could make the breakout or reversal sharp.

Hey Traders πŸ‘‹

Bitcoin just delivered the breakout we were hunting.

Price ripped through 115K, tagged our upside profit target, and even retested that level, a strong sign that bulls are defending.

Congratulations to everyone who took this with us! πŸ‘

Now, here’s the setup:

πŸ“ˆ Bullish trigger: Break above the local high (116.3K) β†’ momentum continues higher.

πŸ“‰ Bearish trigger: Lose 115K β†’ opens risk of reversal or early double-top.

πŸ‘‰ The structure is simple: BTC just printed a higher high (local top).

The next move is all about whether that breaks or rejects. Friday volatility often exaggerates moves, and the next leg should be sharp.

Stay tuned for a second look at Bitcoin later today + the complete trading plan for the weekend. πŸ˜‰

 

Disclaimer: This is not financial advice. All information is for simulation and educational purposes only.

Learn Faster & Win More

Join 3.5+ Million Smarter Traders

Scroll to Top