#BTCBackTo100K
Bitcoin’s Breakout: Can $BTC Hold Above $100K?
Bitcoin has surged to $102,854.66, up 3.84%, sparking renewed excitement in the market. As momentum builds, traders are eyeing the next major resistance zone.
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Key Highlights:
• Resistance Ahead: $105,000 stands as a critical resistance level—previously a major short liquidation zone around $92K–$94K.
• Possible Pullback: After this sharp rise, a short-term correction may be on the horizon.
• High Volatility: Crypto markets remain highly volatile; risk management is essential.
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Suggested Strategy:
• Take Profits: Consider exiting long positions near $105K to lock in gains.
• Wait for Entry: Watch for a pullback before considering new short positions.
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Final Thoughts:
Bitcoin’s rally is impressive, but sustainability remains uncertain. Will $BTC break higher or cool off?
Stay alert, stay informed.
More updates to follow on this unfolding price action.