$BTC /USDT – Bullish Push Clears $101K, Now Pulling Back for a Retest
Bitcoin just powered through the $100K milestone with a strong impulse move to $101,707, marking a solid +4.43% 24h gain. After hitting the top, we're now witnessing a short-term pullback — a healthy sign for trend continuation if support holds.
Technical Breakdown:
EMA Alignment: EMA(7) > EMA(25) > EMA(99) – confirming a bullish trend.
Volume Surge: Nearly 30K BTC traded — indicating strong interest during the breakout.
Short-term Support Zone: $100,200 – $99,800 (between EMA(25) and prior candle base)
Resistance to Break Again: $101,700 – if reclaimed, BTC could aim for $103K+
Trade Setup:
Entry: $100,000–$100,300 (ideal retest zone near EMA(25))
Stop Loss: $98,950 (below EMA(99) & invalidation point)
Targets: • TP1: $101,700 (retest of high)
• TP2: $103,200
• TP3: $105,000+ if momentum holds
Market Outlook: BTC remains in a strong uptrend across all EMAs. As long as the price stays above the $99.4K–$99K range, bulls remain in control. Watch for a bounce off current support for a renewed rally.
