Bitcoin continues to respect the ascending structure with a potential Inverse Head & Shoulders forming along the Immediate Buy Back Zone (107k–109k).
The current bounce aligns perfectly with the neckline projection towards $124,937, which also sits near the previous resistance zone.
As long as price holds above the short-term trendline, bullish continuation remains valid. Any rejection around $113k may still retest the zone before the next impulsive leg.
📈 This could be all the bulls need at the moment.
Share what you think about this short play.
The current bounce aligns perfectly with the neckline projection towards $124,937, which also sits near the previous resistance zone.
As long as price holds above the short-term trendline, bullish continuation remains valid. Any rejection around $113k may still retest the zone before the next impulsive leg.
📈 This could be all the bulls need at the moment.
Share what you think about this short play.
Note
We are still watching this closely.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
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Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.