Bitcoin's Next Leg Up Confirmed? The $143K Target is Calling! 🚀

On the 1D chart, $BTC is holding its ascending channel support, poised for a run towards the $143,542 resistance.
Alright team, let's break down this juicy BTC/USDT chart and see what's cooking.

On the 1D timeframe, Bitcoin is clearly in a dominant uptrend, perfectly respecting its ascending channel, labeled as the 'SUPPORT ZONE'. We've seen a fantastic bounce off the lower trendline of this channel, reinforcing the bullish momentum. A critical horizontal support to watch is around $97,521.40, which has held strong previously.

Our immediate target, clearly marked on the chart, is the $143,542.35 resistance zone. The current price action, trading around $112,494.96, shows good strength and indicates a likely push towards that target. My personal take? This setup looks prime for a continuation of the bull run. As long as we maintain above the ascending trendline and the $97,521.40 support, the path is clear for higher prices. Get ready for some fireworks!

Highly recommend HOLD and Stacking BTC at Binance.
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