Login / Join

Technical analysis by PetrockTheAnalyst about Symbol BTC on 4/4/2025

https://sahmeto.com/message/3497425

Will Bitcoin Break This Resistance – Or Is It a Bull Trap?

Neutral
Price at Publish Time:
$84,027.66
،Technical،PetrockTheAnalyst

BITCOIN is once again at a critical resistance level, and the crypto world is split.Some believe we’re gearing up for a new all-time high (ATH), while others argue the top is already in—and this could be a classic bull trap in disguise.The key lies in how price reacts to this zone.•A breakout above $109K would confirm a new ATH and likely spark another leg up.•But a strong rejection here might signal that the rally was a trap, echoing patterns we’ve seen in past cycles.My Take: We’re at a make-or-break moment. Confirmation from this level will decide the next big move.What’s your take—breakout or bull trap?Please support this idea with a LIKE👍 if you find it useful🥳Happy Trading💰🥳🤗

Source Message: TradingView
Signals
Top Traders
Feed
Alerts