📈 BTC Eyes $134K — Bullish Broadening Triangle Breakout CONFIRMED 🚀
🔄 Pattern: Bullish Broadening Triangle (1W + 1D)
Bitcoin has cleanly broken out from a bullish broadening triangle on both the weekly and daily charts — and now, with price cruising above $106K, the structure is fulfilling its classic textbook behavior.
📈 The triangle showed expanding volatility and accumulation, with higher lows and increasingly aggressive retests of resistance — and now we’re in full price discovery mode.
🧠 Pro View
From a macro-technical standpoint, this is more than just a breakout:
Weekly close above triangle resistance confirms continuation of the post-halving bull trend
Daily structure supports momentum continuation, with rising OBV and RSI still not in overbought territory
The triangle’s breakout target aligns precisely with major Fibonacci extension levels and historic cycle fractals
📊 Targets
🔹 First Target Hit: $106K ✅
🎯 Next Major Target: $134K — projected move based on the triangle's measured breadth
🧲 Final extension could go even higher depending on market euphoria and institutional flow
📉 Downside risk is now defined: as long as BTC holds above
97K–$100K (former resistance), the bullish structure remains intact.
🔔 This is the kind of setup that defines crypto cycles — clean structure, strong confirmation, breakout in motion. Don’t fade the trend.
📍 Watch for volume surges and weekly close strength. This isn’t just hype — it’s technically and cyclically backed.
#BTC #Bitcoin #CryptoTA #BullishBreakout #PriceDiscovery #BTC134K #TradingView #Crypto
Message me to receive the 300% signal i found.
🔄 Pattern: Bullish Broadening Triangle (1W + 1D)
Bitcoin has cleanly broken out from a bullish broadening triangle on both the weekly and daily charts — and now, with price cruising above $106K, the structure is fulfilling its classic textbook behavior.
📈 The triangle showed expanding volatility and accumulation, with higher lows and increasingly aggressive retests of resistance — and now we’re in full price discovery mode.
🧠 Pro View
From a macro-technical standpoint, this is more than just a breakout:
Weekly close above triangle resistance confirms continuation of the post-halving bull trend
Daily structure supports momentum continuation, with rising OBV and RSI still not in overbought territory
The triangle’s breakout target aligns precisely with major Fibonacci extension levels and historic cycle fractals
📊 Targets
🔹 First Target Hit: $106K ✅
🎯 Next Major Target: $134K — projected move based on the triangle's measured breadth
🧲 Final extension could go even higher depending on market euphoria and institutional flow
📉 Downside risk is now defined: as long as BTC holds above
97K–$100K (former resistance), the bullish structure remains intact.🔔 This is the kind of setup that defines crypto cycles — clean structure, strong confirmation, breakout in motion. Don’t fade the trend.
📍 Watch for volume surges and weekly close strength. This isn’t just hype — it’s technically and cyclically backed.
#BTC #Bitcoin #CryptoTA #BullishBreakout #PriceDiscovery #BTC134K #TradingView #Crypto
Message me to receive the 300% signal i found.
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.
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.