BTC: $`117,000 is the Boss Level đđ
Weâve been ranging for 3 weeks. Now itâs decision time.
1. The Key Level
Bullish: Daily close above $117,000` with volume â Next stop `$`122,000` â ATH retest *Bearish*: Reject at$117,000â Back to$112,000 support
2. Whatâs Backing It
âą ETFs: 8 days of net inflows
âą DXY: Dropping = risk-on
âą Funding: Still neutral, no crazy leverage
3. My Take
BTC looks coiled. No oneâs talking about it because itâs "boring".
Thatâs usually when the big move happens.
Watch the ``$117K` close. Thatâs everything.
Where does BTC go from vote đ
1. $122,000 next`
2. Rejection to$112,000`
3. More sideways
Duration: 3 days
Weâve been ranging for 3 weeks. Now itâs decision time.
1. The Key Level
Bullish: Daily close above $117,000` with volume â Next stop `$`122,000` â ATH retest *Bearish*: Reject at$117,000â Back to$112,000 support
2. Whatâs Backing It
âą ETFs: 8 days of net inflows
âą DXY: Dropping = risk-on
âą Funding: Still neutral, no crazy leverage
3. My Take
BTC looks coiled. No oneâs talking about it because itâs "boring".
Thatâs usually when the big move happens.
Watch the ``$117K` close. Thatâs everything.
Where does BTC go from vote đ
1. $122,000 next`
2. Rejection to$112,000`
3. More sideways
Duration: 3 days