🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
(BTC/USDT)
1. Trend Analysis
Current Trend: Bullish (Uptrend)
Confirmed by:
Higher highs and higher lows.
Multiple I-BOS (Internal Break of Structure) confirmations.
Price moving above the bullish FVG (Fair Value Gap).
Price nearing or testing the 0.786 Fibonacci level, typically the last major retracement before a potential reversal or continuation.
2. Take Profit (TP) Zones
TP1: Around 86,500 - 87,000 — just above the 0.786 fib and recent high.
TP2: 88,000 - 88,500 — area marked as “Potential Target”.
TP3: 92,500 - 92,700 — upper “Dead Zone”, major resistance zone.
3. Stop Loss (SL) Options
Conservative SL: Below 84,000 (just under the last internal BOS and bullish FVG).
Moderate SL: Below 82,500 (just under 0.618 fib retracement).
Aggressive SL: Below 80,000 (below the 0.5 fib level and swing low).
Trade Idea Example
Entry: Around current price 85,500 - 85,600
SL: 82,500
TP1: 87,000
TP2: 88,500
TP3: 92,500
Risk:Reward:
TP1: ~1:1.5
TP2: ~1:2.5
TP3: ~1:4