#TradeOfTheWeek

Bitcoin Battles at $104K: Make or Break Moment for Crypto Markets

Bitcoin is testing the crucial $104,000 resistance, a level that could determine the next major market move. Here’s what traders need to know:

Why $104K Matters

✅ Last major hurdle before all-time high retest ($110K+)

✅ Strong rejection here could trigger 5-10% pullback

✅ Altcoins hanging in balance – their fate depends on BTC’s next move

3 Scenarios & How to Trade Them

1️⃣ Breakout Above $104K

- Confirms bullish continuation → target $110K

- Action: Go long BTC, buy high-beta alts (SOL, WIF, PEPE)

2️⃣ Rejection & Consolidation

- Likely range: $100K-$104K

- Action: Swing trade the range, focus on staking rewards

3️⃣ Sharp Rejection

- Could fall to $96K support

- Action: Rotate to USDC, wait for better entries

Smart Money Moves Right Now

🔸 Set alerts at $103.8K and $104.2K – these will signal breakout/rejection

🔸 Watch BTC dominance – falling DOM = altcoin season fuel

🔸 Have USDC ready – for either buying dips or earning yield

Pro Tip:

The first attempt at major resistance often fails – don’t FOMO. Wait for confirmation.

The market pays patient traders" – Is this your moment to wait or strike?