After a sharp drop, BTC has formed a clear reversal pattern around the demand zone (110–111k).
Currently, price is consolidating in a bullish flag structure right above support — indicating potential continuation to the upside.
🎯 Targets: 117.3k – 119.4k – 123.2k
🛑 Invalidation: Below 110k zone
💡 As long as this structure holds, expecting bullish continuation towards the upper supply region.
#Bitcoin #BTCUSDT #PriceAction #CryptoTrading #TradingSetup #LongSetup #TechnicalAnalysis
Currently, price is consolidating in a bullish flag structure right above support — indicating potential continuation to the upside.
🎯 Targets: 117.3k – 119.4k – 123.2k
🛑 Invalidation: Below 110k zone
💡 As long as this structure holds, expecting bullish continuation towards the upper supply region.
#Bitcoin #BTCUSDT #PriceAction #CryptoTrading #TradingSetup #LongSetup #TechnicalAnalysis
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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.