BTC: Correction Done? Bulls Eye 140K Next π
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In my previous BTC analysis, I mentioned that a new all-time high was almost a certainty, with potential for a new leg up toward 140Kβ150K.
Indeed, BTC delivered β printing a fresh ATH, followed by a short and healthy correction.
At the time of writing, the price has reversed from just above 120K, showing strong demand.
Todayβs daily candle displays a long lower tail, a clear sign of buying pressure, and could easily close as a continuation Pin Bar β signaling that bulls are still in control.Key Zone to Watch
118K support β remains the line in the sand.
As long as this level holds, bulls have no reason for concern and the βbuy the dipsβ strategy stays valid.Outlook
Momentum remains bullish, structure remains intact, and the path toward 140K stays open β until proven otherwise.