BTC Bulls Charge Toward $102K: Breakout with Momentum!

1. Breakout confirmed: The price has broken out of the equilibrium zone with strong bullish momentum.
   

Current price: $99,655.

1. Key levels:
   

• Support: $94K (POL - Point of Liquidity).
  
• Resistance: $102K (premium zone).
  
• Recent reclaim: 97K FGH (Fair Value Gap High).
  

1. Institutional activity: The bounce from the $91K discount zone indicates strong buying pressure, likely from institutional players.
   
3. Trade setup:
   

• Entry: Current level ($99,655) or on a slight pullback.
  
• Target: $102K (premium zone).
  
• Stop loss: Below $96K to protect against downside risks.
  
• Risk-to-reward: This setup offers a favorable reward ratio if the target is achieved.
  

1. Confidence level: 8/10, suggesting a strong likelihood of bullish continuation.