📈 Bitcoin (BTC/USD) is showing strong bullish momentum after breaking key resistance levels. After a period of accumulation and sideways movement, BTC has shown clear signs of fresh buying pressure, supported by a clean Order Flow setup. We are targeting a move towards $118,000 as we see continuation in the current bullish trend.
Key Levels: ATH Resistance at $109,350$ (All-Time High). Order Flow Confirmation near $105,000 - $106,000. Entry Zone: The green demand zones are marked as strong areas to enter long positions. Price Target: We are aiming for a continuation towards $118,000, which aligns with both the market structure and order flow. 🔍 Analysis:
Multiple Order Flow setups have formed around the $105,000-$106,000 region, confirming that buyers are in control.
The price is breaking above key resistance zones, and the current consolidation suggests a strong potential for price continuation.
Support Areas: The green zones on the chart represent potential areas where price could dip to before continuing upward.
Entry Strategy: Look for price action confirmation in these demand zones, with a focus on bullish candlestick formations and strong volume.
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