Quick Analysis of $BTC /USDT on Binance :
The current price is trading near 104,100 with immediate resistance at 105,200 and strong support around 102,800 (99-hour moving average). The price is moving within a narrow range for now, but the overall trend remains bullish in the medium and long term, supported by a yearly gain of over 70%. Momentum indicators are showing slight weakness, suggesting a possible correction before another breakout attempt.
Recommendation:
In the short term, it's best to wait for a clear breakout above 105,200 or a drop below 103,000 before entering a trade.
In the medium term, any dip toward the 103,000 – 101,000 range is a good buying opportunity.
For long-term investors, a deeper pullback to 98,000 or even 95,000 would be a golden opportunity to accumulate, targeting a potential rise to the 125K – 135K range in the coming months.
Suggested DCA Strategy:
Distribute your buying gradually from 103K downward—don’t buy in one go. The market is promising, but smart timing is key.
do your own research I can not hold your karma
