BTCUSD bullish breakout supported at 109,040BitcoinTRADENATION:BTCUSDTradeNationThe BTCUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 109,040 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 109,040 would confirm ongoing upside momentum, with potential targets at: 115,420 – initial resistance 117,400 – psychological and structural level 119,260 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 109,040 would weaken the bullish outlook and suggest deeper downside risk toward: 106,470 – minor support 104,340 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the BTCUSD holds above 109,040. A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.