Bitcoin Traps Bulls at $117K! CME Gap Looms | Powell Speech Will Set the Direction | EP. 106

Save
4 months ago
27
Finance & Crypto Education Bitcoin BTC analysis Bitcoin technical analysis Crypto trading CME gap Jerome Powell speech Crypto volatility BTC price prediction Bitcoin chart breakdown

Bitcoin battles resistance at $117K while the market awaits Powell’s speech tomorrow.
In this full top-down analysis, I break down the weekly to 15-minute charts and discuss key moves:

Weekly rising wedge to $155K

Flag pattern breakout target to $127,144

Falling wedge breakout to $118,217

CME gap + 4H 200 MA around $114K = critical support zone

📉 If $114K holds, I remain bullish. If it breaks, downside opens up.

NOT FINANCIAL ADVICE! I'M NOT A FINANCIAL ADVISOR!

*I'M NOT ON TELEGRAM*

🔥 Subscribe and follow for real-time market insight.

🔗 Support the channel by signing up to BitUnex with my referral link:
https://www.bitunix.com/register?vipCode=flexcandle2025

#Bitcoin #BTCupdate #CryptoNews #TechnicalAnalysis #FlexCandle #JeromePowell #CMEgap

Loading 1 comment...