#Bitcoin – What’s Next? The Big Sunday Report: Everything You Need to Know 🚩 TA / LCA / Psychological Breakdown: The market structure remains bullish intact. As outlined in last week’s Sunday report, Bitcoin continues to consolidate within a well-defined bull flag on the daily timeframe, a classic continuation pattern that historically precedes major breakouts. My base case remains unchanged: a breakout towards a new all-time high, with $120,000 - $130,000 as the primary target. Two paths can lead us there. The first scenario involves a breakout to $113K–$114K, followed by a correction into the $92K–$93K range. That region aligns with the CME gap and a major liquidity pool. Once filled, a strong bounce from that level would set the stage for a clean move to $120K. The second scenario plays out more aggressively. Bitcoin breaks through the flag, hits $113K–$114K, and continues toward the $120K zone without revisiting the lower liquidity pocket. In both cases, $113K–$114K remains the key level to watch. What follows from there a sharp correction or a straight continuation, will define the speed of the next leg. The 80,000 BTC: Many are misreading the recent activity of a dormant whale wallet containing 80,000 BTC. The real question isn't why the coins moved, it's who is buying. If the owners intention would be to sell, we wouldn't have seen all wallets activate in such a short time. It was fully coordinated. This is not how someone who wants to quietly exit a position behaves. The far more plausible explanation is a high-level OTC transfer, likely between a private whale and an institution or possibly even a government entity. There's no indication of exchange inflows or public liquidation meaning this movement should not be interpreted as bearish. I cant believe how people been scared on this one and panic sold. Current Strategy: From a positioning standpoint, the strategy is clear. The structure is bullish, the market is calm, and sentiment remains balanced. No reason to over-trade, drink tea and holding spot. Spot positions should be held, while strategic buy and long orders between $92K–$93K remain valid if the dip scenario (Scenario 1) plays out and market allows us to visit this beautiful discount. Funding rates at +0.0006% reflect a very healthy longs and shorts ratio, which confirms a very neutral market structure. There is no leverage imbalance and no sign of overheated conditions at all. Sentiment also confirms this. The Fear & Greed Index is sitting at 56 in neutral zone, No panic, no euphoria. This week is relatively light in terms of events. FOMC meeting minutes are due Wednesday, not the actual meeting, just the minutes, just some small talk, so nothing really important, low volatility due to this event. U.S. unemployment claims are scheduled for Thursday, same goes for this event, low volatility. Aside from that, no major macro events are expected. No other group gives better, more detailed and stronger market insights and trades than DrProfit premium with proven track record. Monthly spots are now possible so you can use it as kind of trial and see for yourself: https://t.co/TvHxOtJJRL To sum it up: the breakout structure is valid, market data confirms strength, on-chain behavior is misunderstood, and the price action remains bullish. Target remains $120K - $130K and the road ahead is getting clearer. Trade with me on BloFin: https://t.co/BfOK8FYGfj
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Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.