Bitcoin: rally to 100k Then drop to high-volume support

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Bitcoin is setting up for a two-phase move based on current technical structure:
  1. Phase 1 - Rally to 100k (Yellow Line)
    Expect initial bounce to test the psychological 100k resistance level
    RSI currently at 56.15 provides room for upward movement
    This represents a short-term retest of major resistance

  2. Phase 2 - Drop to High-Volume Support Zone

    After rejection at 100k, anticipate decline to the high-volume area shown by the blue arrow
    This zone represents maximum buyer/seller activity and should provide strong support
    RSI would likely reach oversold conditions, creating mean reversion opportunity


Trade Setup:

Entry: Long position at high-volume support zone (arrow end)
Target: Return to current levels or higher
Stop Loss: Below the high-volume support area
Rationale: Volume profile analysis shows this as a key value area where most market participants are active

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