Bitcoin has just experienced a few weeks of consolidation, and today a key breakout finally occurred. With a significant increase in volume, $BTC successfully broke above the upper resistance of the ascending triangle, currently stabilizing above $96,000.
From on-chain data, the buy signals from large holders are quite clear, and this positive accumulation provides strong support for the upcoming rally. As long as the critical support at $94,500 is not broken, this wave of market movement is highly likely to push towards the $100,000 psychological level.
From a technical perspective, we are now in a phase of structural breakout. In this context, participating in the trend would be a relatively wise choice.
For traders looking to follow, here are some reference data:
**Bullish Reference:** • Entry Range: 96200 – 96800 • Risk Management: Stop loss set at 94500 • First Target: 98500 • Second Target: 100000
The market speaks for itself; the key is to grasp the rhythm.
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MEVHunterLucky
· 2h ago
Wow, this breakout really happened. Finally waiting for this moment.
If 94,500 can't hold, I'll eat my keyboard live on stream.
The big players are eating up the chips, let's join in and eat some meat.
100k, let's go! Breakouts are opportunities.
This rhythm is unstoppable. In a tailwind, go all in.
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Token_Sherpa
· 5h ago
ngl the whole "whales are loading" narrative reads like every other bull trap setup we've seen before... 94.5k better actually hold this time or we're just circling the drain again
Reply0
ForkItAll
· 5h ago
Breaking 94,500 is the real sign to panic; it's still early to talk about 100k.
View OriginalReply0
MidnightMEVeater
· 5h ago
Good morning, it's another night where the big players are laying out their cards in the dark pool.
Same old story? Breakout with high volume, key support levels, round number thresholds... just the usual tricks in the robot playground.
The stop-loss at 94500 is really laughable, just waiting for the main course of the sandwich attack to be served.
Just 100k is just 100k, anyway, there's never a shortage of bagholders.
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OnchainArchaeologist
· 5h ago
Finally broke through. Can this wave reach 100,000?
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gas_guzzler
· 5h ago
Here we go again, can 94,500 really hold?
Wait, are the big players really buying, or are we being cut again?
Are those who bought at 96,800 now all betting on 100,000?
Oh my, is this another scam to take my money?
After such a long sideways movement, is this small increase worth bragging about?
View OriginalReply0
SmartContractPlumber
· 5h ago
If this defense line at 94,500 is broken, the entire argument will have to be rebuilt from scratch. Don't just look at the technical charts and jump in.
View OriginalReply0
HashBrownies
· 5h ago
Finally waiting for this moment, the 94500 line must be held at all costs
Bitcoin has just experienced a few weeks of consolidation, and today a key breakout finally occurred. With a significant increase in volume, $BTC successfully broke above the upper resistance of the ascending triangle, currently stabilizing above $96,000.
From on-chain data, the buy signals from large holders are quite clear, and this positive accumulation provides strong support for the upcoming rally. As long as the critical support at $94,500 is not broken, this wave of market movement is highly likely to push towards the $100,000 psychological level.
From a technical perspective, we are now in a phase of structural breakout. In this context, participating in the trend would be a relatively wise choice.
For traders looking to follow, here are some reference data:
**Bullish Reference:**
• Entry Range: 96200 – 96800
• Risk Management: Stop loss set at 94500
• First Target: 98500
• Second Target: 100000
The market speaks for itself; the key is to grasp the rhythm.