📉 Bitcoin Daily 📈
On Friday, $BTC pulled back for a bullish retest of the ~107k breakout level. Over the weekend, price dipped into that zone two more times. The latest bounce pushed BTC above the previous swing high, which reinforces the bullish outlook. This price action suggests there’s a valid case for looking for long setups on the next dip—provided there’s a bullish reaction around the 105500 area.
On the daily timeframe, Bitcoin remains in an uptrend. There’s no reason to turn bearish or close spot hodl positions unless the next dip breaks below ~106.5k and the following bounce fails to reclaim the swing high that forms today (or in the next couple of days).
🎯 Key Levels to Watch:
• Above: 110500 / 111960 / resistance free zone
• Below: 108500 / 107800 / 106400 / 105500
🔥 #Bitcoin Liquidation Heatmap:
• Above: 110233 / 111010 / 112122 / 113000
• Below: 108565 / 107787 / 106342 / 105700