Wasim Baloch 123

✅ 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.

Hello 😉

hello, dearest friends I am new here 💞 #Write2Earn #PYTH #link #JUP #TrendingTopic