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BTC/USD Daily Chart Analysis
BTC has strongly broken out of the consolidation range and wedge pattern that appeared at the beginning of the year.
The price has surpassed the resistance level of around $110,000 and is trading around $117,500.
The Ichimoku Cloud is showing bullish support, with the price trading well above the cloud.
The measured move indicates a potential upside target around $150,000, which represents an increase of about 34% from the breakout level.
The bullish trend will remain in place as long as BTC stays above around $110,000.
Overall, BTC looks strong, and there is a clear path to go up if resistance levels continue to be broken.
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🔔 URGENT UPDATE
Former U.S. President Donald Trump has declared new tariffs of 30% on imports from both the European Union and Mexico. The move signals a sharp escalation in trade tensions and could have significant economic repercussions on transatlantic and North American trade relations.
Markets and policymakers worldwide are watching closely for potential retaliatory measures and impacts on global supply chains.
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🚀 BITCOIN BLASTS PAST RECORDS — SOARS ABOVE $112,500!
Bitcoin has stormed into uncharted territory, smashing through the $112,500 mark and setting a fresh all-time high. Market sentiment is electric, with traders eyeing even higher targets as momentum accelerates.
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Hello dear members,
The last few days have not been easy, some of our SLs were hit and we recorded losses. But this is part of trading. SL is our best friend, it saves us from big losses.
We also recorded good profits on many trades. Stay positive,
If you have any suggestions for open trades, feel free to share with @Peter_CSAdmin. Comment on this post so I know you are with us.
Have a nice day!
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BTC ETFs Gaining Ground on Gold
Bitcoin ETFs are catching up fast — they’ve now captured 70% of gold’s net inflows year-to-date. 📈 That’s a strong recovery after a sluggish start to 2025, signaling growing investor confidence in BTC as a store of value.
