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$BTC /USDT – Poised for a Move or Losing Steam? 🔍
Bitcoin (
$BTC ) is showing signs of strength, trading above $108K with rising volume. Is this just the beginning of a new leg up, or a temporary push? Let’s break it down.
📊 Market Overview
📍 Current Price: $108,117.83
📈 24h High: $108,297.89
❄️ 24h Low: $107,084.15
📦 24h Volume (BTC): 4,136.57 BTC
💰 24h Volume (USDT): $444.90M
📉 Technical Snapshot:
MACD: Turning bullish with crossover near zero line
EMA Trend: 15m and 1h candles respecting support zones
SAR: Active uptrend — dots beneath price
Volume: Rising, indicating market interest
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$BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BTC Holds Above $107,800):
Entry: Above $108,200
Targets: $108,800, $110,000, $112,500
Stop-Loss: $106,800
🔹 Bearish Scenario (If BTC Breaks Below $107,000):
Entry: Below $107,000
Targets: $105,800, $104,000, $102,500
Stop-Loss: $108,200
🔍 BTC Trading Insights
✅ Price action holding above 15m EMA – bullish short-term bias
✅ Volume backing current price range – potential for a breakout
⚠️ Watch $108,300 resistance zone closely – clean breakout could ignite upside
💡 Pro Tip:
A confirmed breakout above $108,300 with strong volume could push BTC toward $110K+. But if price struggles here, expect a retracement to $106K.
📢 Are you long or short on BTC right now? Drop your take below!
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