Stromm | BITCOIN Are You BULLISH Enough? When you zoom out to the 12-hour chart , Bitcoin actually looks really clean right now. Since my entry at $75,800, we’ve seen a solid 25% rally that’s clearly shifted the momentum back to bullish. -
But even with that move, I’m not fully convinced yet that we’re on our way straight to a new all-time high.
There’s still a lot of work to be done before that happens.
Right now, I’m watching the zone between $96,400 and $102,300 as a potential reaction area — basically a spot where we could see Wave B complete.
We’re hovering around the Yearly Open, which historically acts as both strong support and resistance, and we’re also right at the Previous Monthly High.
If BTC can hold this zone, we absolutely could push higher toward $102K.
However, I don’t think it’s realistic yet to expect a clean shot to $110K without a deeper pullback first.
Most likely, we’ll need another flush lower to reset before any major breakout.
That said, I’m still long and staying patient.
If we do somehow rip toward $120K, I’m already well-positioned.
And if we get another sell-off?
I’ll be adding even more — no hesitation there.
Of course, a lot of this depends on how the political and macro situation evolves.
There’s definitely a world where the perfect narrative gets laid down, and we rocket to $120K.
But there’s also a world where that doesn't happen — and it’s important to stay mentally flexible between "must happen," "could happen," and "might not happen at all."
