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Wasim Baloch 123
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Wasim Baloch 123
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✅ What’s Going On • $BTC is trading around ~US$106,000, having recently held above that level.  • Technically, it is consolidating after a previous rejection near ~US$116,000.  • On-chain/market sentiment is mixed: some bullish longer-term forecasts (US$120K to US$200K) but caution in the short term due to structural weakness.  ⸻ ⚠️ Key Risks / Resistance • The ~US$116,000 level (and above) remains a resistance zone; failure to break decisively may lead to a pullback.  • Some indicators suggest a shift in structure toward bearish (or at least cautious) stance.  • Macroeconomic/regulatory events (e.g., U.S. government shutdown ending) can strongly affect momentum.  ⸻ 📊 What to Watch • Support: Holding above ~US$100,000 is important for bulls. A break below may invite deeper correction.  • Resistance / Breakout: A clean move above ~US$116K-US$120K could trigger next leg up. • Momentum & indicators: RSI/MACD readings and large-holder behaviour (whales) will matter.  #ADPjobsSuger #BinanceHODLerMMT #USGovShutdownEnd? #BinanceHODLerALLO #US-EUTradeAgreement ⸻ 🔮 My Take (Opinion) Bitcoin appears to be in a pause / gate-keeping stage. The market is deciding whether to resume a strong up-trend or drift sideways (or worse). If it holds support and breaks the key resistance, a rally toward the US$150K-200K zone is plausible (as many forecasts suggest).  Conversely, if the resistance holds and support cracks, a pullback toward ~US$90K-100K is possible.
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