With the current Bitcoin price at $102,816, we are facing a pivotal moment for early entry before the upcoming upward momentum wave. Technical momentum and liquidity are gathering around these levels, paving the way for a price explosion towards new targets.
Entry points and targets
Ideal entry price: 102,820 (close to current price)
Quick targets:
TP1: 103,100 (Confirmation of immediate resistance breakout)
TP2: 103,500 (Targeting a close psychological level)
TP3: 104,000 (Area confirming strong momentum)
Long-term target: 109,000 (Peak of confidence and rocket move)
Technical strategy
RSI is heading towards levels 60–70 indicating an increase in buying momentum.
MACD is preparing for a golden cross above the zero level, a clear signal for a strong trend reversal.
EMA50 above EMA200 reinforces the positive short and medium-term outlook.
Risk management
Stop loss: $102,500 — close the trade immediately if this level is broken with a 5-minute close below it on high trading volume, to protect capital.
Why now?
1. Liquidity saturation at $102,800–$103,000 creates upward buying pressure.
2. Today's red candle was weak and lacked momentum, confirming that it is merely a 'false distribution'.
3. The technical averages are converging around the current price, making this point an ideal launch pad.
4. Institutions and large speculators are placing hidden orders to capture trades at these levels (watch market depth).
Are you ready to ride the Bitcoin wave? Share with us in the comments: What is your next target? And what is your risk management strategy?
#BTC #CryptoMomentum #tradingStrategy #InvestSmart #Binance
