#Bitcoin 1D chart
Today $BTC hit a decent Support Zone — $109.5-111.5k
If we hold it, soon we’ll recover and break the Bullish level of $118k 📈
This is my main scenario
If we break the support, the next bottoming zone will be $101-103k
New ATH is coming in Q4 anyway. My target is $131-135k 🎯
#Bitcoin is still respecting the uptrend either it's HTF or LTF. Higher highs and higher lows perfectly forming
I believe another good pump is on the way:
$ETH just made its first monthly close above a 1.5-year range, yet you’re still searching for reasons to be bearish.
You should be targeting $8K+ in the coming months, position accordingly. Every major breakout is followed by expansion, until proven otherwise.
#Bitcoin - Two possible scernarios for BTC
1) Green: If 108k support holds, the price will soon continue heading higher.
2) Red: If $108k support breaks, we might see a deeper retest of the upward-sloping trendline.