BTCUSDT

[lingriiddd]

Hello Traders!

What are your thoughts on BITCOIN?

Bitcoin has entered a corrective phase after printing a new all-time high and reaching the top of its ascending channel.
This pullback is expected to extend towards the key support zones, and in a deeper scenario, it could test the bottom of the channel.
As long as Bitcoin holds above these support areas and reacts positively at the lower boundary of the channel, the broader outlook remains bullish, with potential for new all-time high
However, a decisive break below the channel’s bottom would invalidate the medium-term bullish scenario and raise the risk of a deeper correction.
The current correction may provide a valuable opportunity for medium- to long-term traders to re-enter the market.
Don’t forget to like and share your thoughts in the comments! ️

[Dave]

@lingriiddd
Really appreciate this clear breakdown! It’s great to see the potential bullish outlook highlighted while also understanding the risks. Definitely makes me think carefully about re-entering at the support zones.

[Smith]

@lingriiddd
Thanks for sharing this! The analysis helps me see that corrections aren’t necessarily bad—they can actually be strategic entry points for medium- to long-term traders like me. Bitcoin’s resilience is exciting!

[Nahid10]

@lingriiddd
Great breakdown! I agree that this corrective phase could be a golden opportunity for medium- to long-term entries. As long as BTC holds the channel bottom, the structure is still bullish. I’m personally watching the $110K–$112K area for signs of strong demand before reloading positions.

[kelson10]

The point about invalidation below the channel’s bottom is key. Too many traders ignore invalidation levels and end up holding through deeper drawdowns. Having that line in the sand keeps you objective. If BTC breaks lower, risk control comes first.

[alex]

Great breakdown with precise entry, SL, and target levels

[Maxwell]

Totally agree — the correction looks healthy as long as BTC respects those channel supports. Could be a golden re-entry point for swing traders.

[Nahiar806]

Watching that channel bottom closely! A bounce there keeps the bullish structure intact, but if it breaks, we might see a deeper flush before recovery.

[rafihasan]

Great breakdown . Pullbacks like this usually shake out weak hands before the next leg up. I’m personally eyeing long positions if price holds above the key demand zone.