BTC at Crossroads: Rejection from ATH or Breakout.

24 Mei

Key Zones Highlighted:
🟥 Recent ATH and Resistance Level (~$111,000 - $112,000)
The price recently tested this area, forming a new All-Time High (ATH).

This zone has acted as a major resistance, causing a pullback.

A break and close above this range would indicate bullish continuation.

🟩 Support Zone (~$105,000 - $106,000)
Price previously bounced from this zone.

Currently acting as a mid-level demand/support.

Likely to be tested again if bearish pressure continues.

🟩 Strong Supply Zone (~$102,000 - $103,500)
A more significant support area, where previous buying pressure emerged strongly.

If the upper support fails, this becomes the next possible bounce zone.

Price Action and Projection:
Price is currently at $108,209 and moving within a correction phase.

Two potential scenarios are highlighted on the chart:

Bullish Continuation:

Price rebounds from current level (black circle) and breaks above the resistance zone.

Targets new highs beyond $112,000.

Bearish Pullback:

Price fails to sustain above current level and dips into the support zone (~$105K).

If strong buying interest appears, a bounce back to the ATH zone is expected.

Technical Outlook:
Ichimoku Cloud: Price is testing the Kumo (cloud), indicating neutral to slight bearish momentum.

Volume: Slight uptick in volume during the recent drop suggests sell pressure is increasing.

Structure: Price is forming a higher high and potentially a higher low, maintaining a bullish structure as long as support holds.

Conclusion:
BTC is in a critical zone with mixed signals. A decisive move from the current level will likely set the tone for the next 24–48 hours. Watch:

A bounce at ~$108K for bullish continuation,

A dip toward $105K for potential re-entry opportunities.

Let me know if you’d like trade setup suggestions based on this.

24 Mei

Dagangan aktif

Starting a long trade for short time from here

27 Mei

Nota

still holding my buy position and 500+pips running in profits

27 Mei

Nota

boom boom 300+pips profit booked

27 Mei

Dagangan ditutup: sasaran tercapai

1000+pips profit booked almost target achieved