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  3. BTC Breaks Resistance: Eyes on 123K

BTC Breaks Resistance: Eyes on 123K

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  • TradingPuzzlesT Offline
    TradingPuzzlesT Offline
    TradingPuzzles
    wrote last edited by
    #1

    BTC Breaks Resistance: Eyes on 123K

    Bitcoin continues its upward momentum, hitting our first target as expected.

    Following the release of U.S. PPI data yesterday, BTC broke through the key resistance zone at 113,200β€”opening the path for further gains.

    If the price holds steady at current levels, we could see more upside ahead.

    Next key targets: πŸ“ 117K πŸ“ 120K πŸ“ 123K

    You may find more details in the chart!
    Thank you!

    BTCUSDT_2025-09-11_09-10-42.png

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    • Pitchfork_IS_powerP Offline
      Pitchfork_IS_powerP Offline
      Pitchfork_IS_power
      High Staker
      wrote last edited by
      #2

      I think this is the end of the bull cycle, and we will see a big correction very soon.

      TradingPuzzlesT 1 Reply Last reply
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      • Pitchfork_IS_powerP Pitchfork_IS_power

        I think this is the end of the bull cycle, and we will see a big correction very soon.

        TradingPuzzlesT Offline
        TradingPuzzlesT Offline
        TradingPuzzles
        wrote last edited by TradingPuzzles
        #3

        @Pitchfork_IS_power It could be possible, but as long as the pattern is bullish and valid, we can't ignore it. Maybe if BlackRock intends to sell more BTC, that could change the trend. Just my opinion.

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        • 0922ae66210 Offline
          0922ae66210 Offline
          0922ae6621
          wrote last edited by
          #4

          Eyes on new circle

          1 Reply Last reply
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