My technical reading on Bitcoin remains unchanged from the previous analysis. The critical zone to monitor sits at 110K—this represents the pivotal stage for the broader trend. Until we reach that threshold, expect a gradual grind higher spanning the 110K-114K range.
The structure suggests neither explosive rallies nor sharp pullbacks in the near term, just steady price discovery within this band. 110K acts as our confirmation point; breach it convincingly and the narrative shifts, fail to hold it and we retest lower support.
Keeping close watch on weekly structure for the next move. Volume and momentum will be the deciding factors once we approach the zone.
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FomoAnxiety
· 11h ago
Is 110K really that important? It feels like every time it's called a critical point, but then it just gets pushed through...
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GasWaster69
· 11h ago
Is the 110k level really that sacred? It feels like it's always being talked about.
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FreeRider
· 11h ago
If 110K can't be broken, it feels like we need to grind a bit more. This wave depends on whether the trading volume is strong enough.
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RebaseVictim
· 11h ago
If you can't break 110k, just pull it back. This wave is just so-so.
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WhaleWatcher
· 11h ago
This critical level at 110K needs to be closely watched; otherwise, it could be easily cut.
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PretendingToReadDocs
· 11h ago
110K is a hurdle; break through it and take off, can't break it and just keep dragging on.
BTC Weekly Analysis: Still Holding Key Levels
My technical reading on Bitcoin remains unchanged from the previous analysis. The critical zone to monitor sits at 110K—this represents the pivotal stage for the broader trend. Until we reach that threshold, expect a gradual grind higher spanning the 110K-114K range.
The structure suggests neither explosive rallies nor sharp pullbacks in the near term, just steady price discovery within this band. 110K acts as our confirmation point; breach it convincingly and the narrative shifts, fail to hold it and we retest lower support.
Keeping close watch on weekly structure for the next move. Volume and momentum will be the deciding factors once we approach the zone.