Market structure suggests strength on the upside, with buyers taking control. As long as price holds above support, bullish continuation toward the upper targets is expected.
Immediate resistance: 116,000 (psychological and structural).
Support zone: 112,000 – 113,000.
If buyers maintain momentum, upside targets may stretch toward 120,000 – 124,000.
3. Outlook
Breakout from the wedge suggests a possible trend reversal.
A retest of 116,000 followed by continuation upward is likely if bulls sustain volume.
Failure to hold above 112,000 would invalidate the bullish setup and re-expose lower levels.
Example Caption (TradingView style): "BTCUSD is attempting a breakout from the descending structure. Holding above 112k keeps the bullish case alive, with 116k as the first test. A successful breakout may open the way toward 120k+. Watching price action carefully at resistance."
This follows TradingView rules: neutral tone, clear chart-based reasoning, and no signals/promotions. tradingview.com/x/mTsSq0Aa
BTCUSD Are you guys ready? I think you should leave BTC. Now the gold market is going to open. Then trade in it. My brothers have a link. Join it and get ready
BTCUSD thing is BTC needs a break from this downtrend to go deeper or go up, there is low volume (regular weekend), next session opens soon and the 1hr looks good for a long. IMO. DYOR
BTCUSD Buy Signal Alert 
