🚀 #BTCUSDT: Ready to Soar! 📈
BTC is showing strong bullish momentum as it breaks out of the parallel channel on the 4-hour timeframe! If BTC holds above the neckline of the channel, we could see a solid continuation of the rally with potential upside targets this week.
Why This Matters:
This breakout comes after a period of consolidation, signaling renewed strength in the market. A confirmed hold above the neckline could pave the way for BTC to test new highs in the near term.
Entry range: $98.4k-$99.4k
Target: $107-$108k
SL: $96.8k