$BTC /USDT Pullback or Just the Calm Before the Storm?
Bitcoin bounced sharply from its major low, forming a double bottom near $104K, before reaching a new local high at $108,985. However, price is now stalling just below key resistance.
What’s Next? The market is showing signs of pullback after a strong rejection. Bulls must reclaim resistance above $106,800 to regain control.
Trade Setup:
• TP1: $107,800 – First resistance retest
• TP2: $109,000 – Recent swing high
• TP3: $110,500 – Upper resistance band
• SL: $104,800 – Below structural support
A$BTC breakdown below the current support zone could lead to another major drop stay alert!