Hello friends π β and welcome back to another explosive Bitcoin update on AppleTree360!
Just a couple of days ago, we shared our Bitcoin forecast where we talked about the breakout from the $86,000 zone and the target range of $95Kβ$96K. We also mentioned a potential breakout pattern forming, with a key trendline drawn on the chart π.
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π₯ Box Broken β Again! Whatβs Happening with Bitcoin?
As of May 1st, Bitcoin has officially broken out once again, shattering the recent consolidation zone and busting above the trendline we discussed earlier. This breakout wasnβt just a small move β it came with strong volume, especially compared to the last 4β5 sessions.
π “This breakout has momentum written all over it.”
If youβve been following us since the $86K breakout, youβve likely captured a strong uptrend β congratulations to those riding this wave!
π― The $100,000 Magnet β What to Expect Next?
Bitcoin is now gunning for that psychological $100K level, a number that will definitely attract media hype, traders, and of course β some profit-takers.
Here’s the run-up in a nutshell:
- β Breakout at $86K
- π Move to $96K
- π₯ Fresh breakout on May 1st
- π― Targeting $100,000
But with great power comes⦠a possible pause or pullback.
π§― Correction Ahead? Timing Is Everything
Letβs not forget: Bitcoin has surged from around $75K to nearly $100K in less than two months. Thatβs a 33% gain in a short time β a run this fast usually calls for a cool-down phase.
We could see:
- π Short-term correction in May or June
- π Sideways consolidation to digest gains
- π Re-test of breakout zones before next leg higher
If youβre already in β great! If youβre looking to enter, you may want to wait for a healthier dip before jumping in.
π§ Final Thoughts: Keep Calm & Trade Smart
This is exactly the kind of breakout that energizes bulls β but be mindful of volatility ahead. The $100K mark is more than just a numberβ¦ it’s a magnet for both euphoria and hesitation.
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Thanks for tuning in β and as always, trade smart, stay grounded, and let the charts guide you. ππ‘
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