$BTC — Breakout & Trend Intact (Daily) 🚀

[theSignalyst]

Price ripped through $118,000 and reclaimed it as support inside the rising channel. Structure remains overall bullish.

Key levels

Support: $118,000 (flip) → $107,500 (major demand)

Bias: Bullish while above $118k

Scenarios

Bullish (preferred): Hold $118k → continuation toward the channel top (new highs area).

Bearish (risk): Daily close below $118k → pullback toward $107.5k before buyers try again.

Plan
Look for longs on retests of $118k or on bull-flag breakouts. Invalidation = sustained daily close back below $118k.

Not financial advice. Manage risk.
All Strategies Are Good; If Managed Properly!
~Richard Nasr.