Technical analysis by MuhammadWarsi about Symbol BTC on 5/18/2025
https://sahmeto.com/message/3524763

After a strong consolidation phase between ~$101,446 and ~$104,982, Bitcoin has broken out of a key horizontal range on the 4H chart. This breakout signals a potential continuation of the bullish trend with a measured move target around $1*****, representing a 9.94% gain from the breakout zone.🔹 Chart Pattern: Horizontal range breakout🔹 Target: ~$$$🔹 Momentum: Still strong with bulls in controlThis setup aligns with the ongoing bullish momentum and could be a key level to watch for both swing and short-term traders. Keep an eye on volume confirmation and possible retest of the breakout level.
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Signal Type: Neutral
Time Frame:
4 hoursPrice at Publish Time:
$105,268.4