⚔️📍 BTC Tests Key Resistance – Will $102K Give Way or Trigger a Drop? 💣📉
The BTC bulls have delivered 🔥 — pushing through the mid-channel resistance and now eyeing the psychological $100K milestone. This current structure remains extremely clean, moving inside a well-defined ascending channel on the 15-min chart.
🔹 Current structure highlights:
Midline support at $98,689
Lower boundary around $96,776
Resistance cluster at $100,001–$100,636
Key upside target: $102,774 (with a 60% confidence level)
Higher timeframe resistance potential: $113K
However, the market isn’t a one-way street. A breakdown below $97,400 shifts momentum bearish — triggering the 40% scenario where BTC could revisit the
92K–$94K demand zone. 👀
🎯 This is a pivotal moment: Will BTC break and run to $102K+, or are we due for a cooling phase back toward macro support?
This chart is a playbook — stay tactical, stay sharp, and let structure lead the way. 📐⚡
Let’s see what the next 24–48 hours bring.
One Love,
The FXPROFESSOR 💙
The BTC bulls have delivered 🔥 — pushing through the mid-channel resistance and now eyeing the psychological $100K milestone. This current structure remains extremely clean, moving inside a well-defined ascending channel on the 15-min chart.
🔹 Current structure highlights:
Midline support at $98,689
Lower boundary around $96,776
Resistance cluster at $100,001–$100,636
Key upside target: $102,774 (with a 60% confidence level)
Higher timeframe resistance potential: $113K
However, the market isn’t a one-way street. A breakdown below $97,400 shifts momentum bearish — triggering the 40% scenario where BTC could revisit the
92K–$94K demand zone. 👀🎯 This is a pivotal moment: Will BTC break and run to $102K+, or are we due for a cooling phase back toward macro support?
This chart is a playbook — stay tactical, stay sharp, and let structure lead the way. 📐⚡
Let’s see what the next 24–48 hours bring.
One Love,
The FXPROFESSOR 💙
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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.