#BTCBackto100K Volume: Strong, suggesting decent interest behind the move

Chart Trend: Sharp breakout from $93k range to over $104k before a slight pullback

Key Observations:

Bullish Momentum: Price broke above recent resistance levels with strong green candles — classic breakout pattern.

Pullback in Progress: After hitting $104k, it's consolidating around $102.7k. Could be healthy profit-taking or short-term exhaustion.

Support Zones:

Strong support around $100,000 and $97,000.

Previous resistance near $95k can now act as support if correction deepens.

Indicators:

MA(5) & MA(10) are both sloping up = bullish.

Volume is still decent = buyers aren't gone yet.

MACD (if we could see it) is likely bullish based on price momentum.

Possible Scenarios (Next 12-24h):

1. Bullish Continuation (60% Probability):

If BTC holds above $102k or bounces from $100k, could retest $104k and aim for $106k+.

Watch for a bullish engulfing candle or bounce with strong volume.

2. Short-Term Correction (30% Probability):

If it fails to hold $102k, next strong support is around $100k-$99k.

Still bullish overall, but could range/consolidate before next move.

3. Bear Trap / Fakeout (10% Probability):

Break below $99k with high sell volume could trigger panic sell to $95k or lower.

Seems unlikely unless major news hits.

#BTCBackto100K #CryptoComeback #TradeOfTheWeek

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TL;DR:

BTC looks bullish af short-term, unless it loses momentum and breaks below $100k. Most likely outcome: slight dip or sideways action, then continuation toward $105k+. Stay sharp and manage risk — crypto's wild.