BTC Bulls Charge Toward $102K: Breakout with Momentum!
2025-01-16
Category: None


 
 Breakout confirmed: The price has broken out of the equilibrium zone with strong bullish momentum.
 

Current price: $99,655.

 
 Key levels:
 

 
 Support: $94K (POL - Point of Liquidity).
 Resistance: $102K (premium zone).
 Recent reclaim:  GETTEX:97K  FGH (Fair Value Gap High).
 
 
 Institutional activity: The bounce from the $91K discount zone indicates strong buying pressure, likely from institutional players.
 
 Trade setup:
 

 
 Entry: Current level ($99,655) or on a slight pullback.
 Target: $102K (premium zone).
 Stop loss: Below $96K to protect against downside risks.
 Risk-to-reward: This setup offers a favorable reward ratio if the target is achieved.
 
 
 Confidence level: 8/10, suggesting a strong likelihood of bullish continuation.
