🚀📈 Bitcoin Bulls Aim for $102K – Breakout or Rejection Ahead? 🔍🧠
Good morning, good afternoon, or good evening — wherever you are in the world, Bitcoin is pumping, and that’s always a good sign for the bulls! 🐂
In my last BTC update, we anticipated a bounce from the key support zone around $93,600–$93,800, and price respected this level to the dot, rocketing upward just as expected. 🔥✅ That level acted as a strong springboard, and now BTC is climbing through a well-respected ascending channel on the 15-min chart.
📊 Key levels to watch:
Middle of the channel: ~$98,689
Top of the channel: ~$100,636
Psychological level: $100,000
Projected breakout target: $102,774 (60% probability 🚦)
Major resistance beyond: $113,000
However, there's always the alternate scenario: a 40% chance that we reject under $97,400, re-enter the lower end of the channel, and potentially drop toward $92,000 if that support fails. This would flip the bullish structure short-term — something to keep on your radar. ⚠️
This is a high-momentum situation, and I’ll be watching for confirmation of breakout or breakdown. Stay alert, keep your risk in check, and let the chart guide your trades. 📉📈
Let me know your thoughts in the comments — are we headed for $113K or due for a cooldown?
One Love,
The FXPROFESSOR 💙
Good morning, good afternoon, or good evening — wherever you are in the world, Bitcoin is pumping, and that’s always a good sign for the bulls! 🐂
In my last BTC update, we anticipated a bounce from the key support zone around $93,600–$93,800, and price respected this level to the dot, rocketing upward just as expected. 🔥✅ That level acted as a strong springboard, and now BTC is climbing through a well-respected ascending channel on the 15-min chart.
📊 Key levels to watch:
Middle of the channel: ~$98,689
Top of the channel: ~$100,636
Psychological level: $100,000
Projected breakout target: $102,774 (60% probability 🚦)
Major resistance beyond: $113,000
However, there's always the alternate scenario: a 40% chance that we reject under $97,400, re-enter the lower end of the channel, and potentially drop toward $92,000 if that support fails. This would flip the bullish structure short-term — something to keep on your radar. ⚠️
This is a high-momentum situation, and I’ll be watching for confirmation of breakout or breakdown. Stay alert, keep your risk in check, and let the chart guide your trades. 📉📈
Let me know your thoughts in the comments — are we headed for $113K or due for a cooldown?
One Love,
The FXPROFESSOR 💙
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💬 t.me/fxprofessor88
🌍🚀 CryptoGPT Trading Agent is the Future:
cryptogpt.io/
💹 Join My Forex Community:
fxprofessor.com/forex-special
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📣 Professor's Public Telegram:
💬 t.me/fxprofessor88
🌍🚀 CryptoGPT Trading Agent is the Future:
cryptogpt.io/
💹 Join My Forex Community:
fxprofessor.com/forex-special
💬 t.me/fxprofessor88
🌍🚀 CryptoGPT Trading Agent is the Future:
cryptogpt.io/
💹 Join My Forex Community:
fxprofessor.com/forex-special
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.