Bitcoin will correct to trend line and then start rise

[nihalsari]

Hi folks today I'm prepared for you Bitcoin analytics. The price has been trading in a strong bullish structure, clearly respecting the ascending trend line since the rebound from the 107500 level. Each time the price touched the trend line, it formed a higher low and continued the upward movement. After breaking through the important Support 1 zone (115500–116500), BTC made a strong impulse upward and reached a local high above 122000 points. Currently, the price is making a pullback and moving closer to the trend line again. This area has previously acted as a major point of interest for buyers, and now it's expected to play a key role once more. The support zone and trend line are converging, which makes this level critical for the next move. I believe BTCUSD will bounce from this area and continue its bullish momentum. My goal is set at 123000 points. Given the market structure, higher lows, and strong reaction from the support zones, I remain bullish and expect further growth from current levels. If you like my analytics you may support me with your like/comment ️

[alex]

Solid TA. If 115500 to 116500 holds, the momentum is intact. Bears need a breakdown otherwise it’s just another dip to buy

[Nahiar806]

Love how you highlighted the repeated higher lows. Price action telling the story loud and clear. Let’s see if bulls hold the line again

[Maxwell]

That confluence of support and trendline is looking strong. If we bounce here, this could be the higher low that launches the next leg

[Jibon_RX]

Your analysis feels spot on! The way you mapped the trendline bounce and confluence zone is very clear and convincing. If bulls step in again here, 123000 doesn’t look far at all. Thanks for sharing this solid breakdown!

[Smith]

Really appreciate how you explained the higher lows and the pullback area. It’s refreshing to see analysis that focuses on structure and logic rather than hype. Definitely keeping an eye on this 115500–116500 zone.

[Dave]

This is such a clean TA! The way BTC has respected the trendline is impressive, and your target aligns perfectly with the momentum. Love the calm and confident vibe in your post

[alex]

Great breakdown! That confluence of the trend line and support zone does look strong. Do you think any macro news or ETF flows could impact the bounce from here?

[Nahiar806]

Love the clarity in your TA. That higher low pattern is textbook bullish. If we do break below the trend line though, what invalidation level are you watching?

[Maxwell]

123K target sounds solid given the structure. Are you seeing similar bullish setups on ETH or other majors right now, or is BTC leading solo?