"#Bitcoin❗ is currently trading around $65,893 and has been forming a parallel channel since March 2024. While it's impossible to predict whether the price will break out or drop, some technical analysis suggests that #bitcoin☀️ is now nearing the upper boundary of the channel.
If the price breaks out of the channel with strong volume, there’s a good chance it could retest the all-time high supply zone or resistance at R1: $73,652.87, as shown in the chart. However, if the price stays within the channel, we might see it move downward, with the first support at S1: $63,054.78, followed by S2: $57,935.98 and S3: $53,826.51.
You can use these levels for your own trading strategy, whether you’re looking to go long or short. Remember, my analysis is just for ideas, and you should always base your decisions on your own research. Hopefully, this gives you some valuable insights for your next Bitcoin trade!"

#LuckySevenTrader $BTC #Follow_Me_For_More

"Alright, folks, the big question on everyone's mind: Is #Bitcoin❗ about to take my precious 1R or hand me that glorious 3R? 😅 I’m sitting here hoping, fingers crossed, that it’s about to break the lower boundary of this parallel channel like a ninja slipping through a crack in the wall. Come on, #bitcoin☀️ , just a little dip down to my TP, that’s all I’m asking! But we all know how this goes... Will it crash gracefully into my target or pull a 180 and rocket back up, leaving me holding my breath like I’m watching the final season of a thriller series? Guess we’ll find out soon!"

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#LuckySevenTrader $BTC #Follow_Me_For_More

$BTC In Positive View

"In my view, #Bitcoin☀️ has just finished forming a classic 'Cup' pattern, and we are now entering the crucial 'Handle' phase. This is a significant moment in Bitcoin’s price action. Historically, a successful Cup and Handle formation often signals a powerful upward movement, and if this plays out as expected, we could see Bitcoin reaching up to $120K by the second quarter of 2027.
However, as with all market predictions, there’s always a potential downside. If this formation doesn’t hold, we might witness a sharp decline, with Bitcoin possibly dipping back to $30K. While the future isn't guaranteed, the technicals suggest a massive opportunity ahead.
So, if you’re looking to get in before the next major move, now could be the perfect time to start building your position. Don’t miss the flight — this could be the launch we’ve been waiting for! 🚀🚀🚀🚀
As always, stake smart, stay safe, and keep an eye on the charts! The #Bitcoin journey is far from over. Stay healthy and enjoy the ride.
#LuckySevenTrader #Follow_Me_For_More