RangeStrategy
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📉 $BTC /USDT – Consolidation Under Pressure Near $104K
#Bitcoin is currently trading at $104,085, slightly down -0.12%, and sitting just above the $103,900 support area. Despite dipping from the $106,500 high, volume remains stable, suggesting traders are waiting on macro cues — especially ahead of Powell’s remarks.
TRADE SETUP
Direction: Short (Range Play)
Entry: $104,300 – $104,800
Target: $103,200 – $102,600
Stop-loss: $105,600
PRO TIP:
If BTC breaks below $103,800 with volume confirmation, expect rapid downside movement. However, stay alert — a dovish FOMC outcome could reverse this bias fast.
#BTCUSDT #BitcoinUpdate #CryptoVantix #RangeStrategy
#Bitcoin is currently trading at $104,085, slightly down -0.12%, and sitting just above the $103,900 support area. Despite dipping from the $106,500 high, volume remains stable, suggesting traders are waiting on macro cues — especially ahead of Powell’s remarks.
TRADE SETUP
Direction: Short (Range Play)
Entry: $104,300 – $104,800
Target: $103,200 – $102,600
Stop-loss: $105,600
PRO TIP:
If BTC breaks below $103,800 with volume confirmation, expect rapid downside movement. However, stay alert — a dovish FOMC outcome could reverse this bias fast.
#BTCUSDT #BitcoinUpdate #CryptoVantix #RangeStrategy
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