Technical analysis across the daily and 4-hour timeframes indicates BTC is entering the final upward phase of a classic Bump and Run Reversal pattern.

4hrs timeframe

📌 Pattern Breakdown:

  • Lead-in & Bump Phases: Completed with bottom formation and a clear breakout above the primary descending resistance line.

  • Current Status (RUN Phase): Price is holding around $80,600, building bullish momentum after retesting key support.

Daily timeframe

🎯 Key Levels & Targets:

  • Breakout & Confirmation: A decisive push above $85,007 triggers the next strong impulse leg.

  • First Target: $106,780.

  • Major Target Zone: The upper resistance band between $120,000 – $124,170.

💡 Trading Insight: Keep an eye on a clean candle close above $85,000 to confirm pattern continuation and strong buying volume.

💬 Will BTC break $100k during this run? Share your view in the comments! 👇

#BTC #InvestMal