🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Market analysis
Direction: Short positions (Utilizing 1-hour moving average resistance + 15-minute oversold rebound)
Entry point: 85,000-85,200 USDT (Get on board at EMA14/psychological level)
Take profit targets:
First target: 84,200 (previous low, reduce position by 50%);
Second target: 83,500 (EMA30 moving average support, move stop loss to break even).
Stop loss point: 85,500 USDT (EMA4 moving average + 1.7% increase, to prevent trend reversal).