Bitcoin Coiling for a Breakout – All Eyes on 132K Target

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Bitcoin Coiling for a Breakout – All Eyes on 132K TargetBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.Phash_proA clear bullish triangle is forming on the daily chart. Price is compressing near key Fib levels with strong liquidity zones below: 📍Orderblock: 119,950 (798.32) 💧Liquidity: 114,173 ($53.36M) & 110,821.9 ($56.57M) 🔽 Fib support: 0.5 at 99,679 | 0.618 at 93,699 Expecting price to sweep liquidity, then bounce. 🎯 Bullish targets: Short-term: 119.9K Mid-term: 125K Long-term: 132K (1.618 Fib ext.) Holding above 108.5K keeps this bullish scenario valid.