BTC Weekend Setup — Possible Volume Push Toward 116K

3 hari lalu

BTC Weekend Setup — Possible Volume Push Toward 116K 🔥
Coinbase effect + China can play an important role for the breakout of 116K+
Bitcoin has broken out of its descending channel, reclaiming structure and showing early signs of strength.
Momentum is gradually building within the new ascending trend, suggesting that the weekend could bring a volume expansion targeting the 116K zone.

📈 Technical Outlook:

BTC successfully flipped the 106K–108K area into support.

The new uptrend channel is forming higher lows and showing a steady recovery pace.

Volume remains low but is expected to increase into the weekend, often a period of volatility and directional moves.

🎯 Targets:

First resistance: $112K–$113K

Main target zone: $115K–$116K

If volume confirms, a push to 116K could complete this short-term recovery cycle.

⚠️ Risk note:
Failure to hold above $108.5K could slow momentum, bringing price back to retest lower trendline support.

💬 Summary:
BTC is positioned for a potential weekend volume push, with a clear channel structure guiding price toward the 116K resistance zone. Momentum is cautiously bullish — watching for confirmation through weekend trading activity.

3 hari lalu

Dagangan aktif

This weekend can become the golden weekend.

3 hari lalu

Nota

BTC looking for new confirmation in the coming hours, what can trend to into new uptrend volume from the 110K area