Bitcoin
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Eyes Fresh Upside Within Ascending Channel

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๐Ÿ“ˆ๐ŸŸข BTCUSD Eyes Fresh Upside Within Ascending Channel ๐Ÿš€๐Ÿ’ฐ

No time to wait for the open โ€“ this dip might already be the setup! ๐Ÿ”

Bitcoin continues to respect the ascending channel, with the latest touch on the lower boundary lining up perfectly with the 95,568 zone. Historically, each visit to this trendline has produced a strong bounce โ€“ and we can see it clearly through the green arrows across the chart.

As of now, price is holding just above the key support at 95,120, and unless we see a strong break below that level (with confirmation below 94,806), this looks like another textbook โ€œbuy the dipโ€ scenario. ๐Ÿ›’

Upside targets remain:
๐Ÿ”น 97,432 โ€“ mid-channel resistance
๐Ÿ”น 99,161 โ€“ channel top, potential exhaustion zone

Iโ€™ll be watching for a minor pullback or consolidation (as shown), but Iโ€™m not waiting on the sidelines for the open โ€“ structure supports continuation. Donโ€™t fight the trend when the channel is this clean. ๐Ÿ“Š

Key support levels to monitor on downside invalidation:
โš ๏ธ 94,806
โš ๏ธ 94,120
โš ๏ธ 93,806
โš ๏ธ 92,709 (channel invalidation below here)

Stick to structure, trust the levels, and respect the momentum. And if we end up under the channel remember it becomes resistance. Long ONLY over 95600 here.

One Love,
The FXPROFESSOR ๐Ÿ’™

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