waiting for ATH BTC, the inevitable will come

💎 Update Plan BTC (May 20)

Notable news about BTC:

After briefly surging to 107k, Bitcoin (BTC) has retreated into consolidation, hovering within the familiar 102k–105k range that has defined the past 10 days. Market focus remains fixated on the 109.5k level and the potential for fresh all-time highs.

Mounting concerns over U.S. fiscal stability have bolstered BTC’s recovery to 105k, following Moody’s decision to downgrade the U.S. sovereign credit rating—making it the third major agency to do so. The downgrade, which cut the rating from Aaa to Aa1, highlights growing risks associated with U.S. government debt, now exceeding $36 trillion, and casts doubt on the long-held perception of U.S. Treasuries as the ultimate safe-haven asset.

Adding to fiscal worries, former President Trump’s proposed “big and beautiful” tax legislation—if passed—could further inflate the national debt. The bill, recently advanced by a congressional committee, has sparked fears of significantly widening the federal deficit, with estimates projecting trillions in additional debt over the coming decade. While the White House maintains that the bill will spur growth without increasing the deficit, rising long-term borrowing costs suggest markets remain unconvinced.

Technical analysis angle

The question that investors most interested now is when BTC will have 120k?
Looking at TF H4 will see the repetition of the trend (accumulating => increase)
In the coming time, pay attention to 107k and 110k obstacles, these will be two milestones before the price reaches 120k
Canh Long around the 103k price in the near future

🔥BTC 4H is currently in the adjustment phase, this time will cause a lot of traders, Future - Margin to lose money, this beat will last until 21-22/5

==> Comments for trend reference. Wishing investors successfully trading