$BTC #BTC 🚨 Bitcoin Market Update ⚠️
📍 Current price: $105721
📊 Trendline support: $102370 to $104140
📊 Resistance zone: $106000 to $107500
⚠️ Deeper support below: $97600 to $10000
BTC has started the week strong, holding above the breakout region and continuing its bullish structure. The price is currently consolidating in a tight range just under the resistance zone, indicating potential continuation if momentum builds.
🔍 Key Observations
🟢 BTC continues to respect all marked supply and demand zones
🟢 Price is holding steady near recent highs after a strong breakout last week
🟢 A break above $106000 could open the door for a test of $107500
🟢 Immediate trendline support at$102370 to $104140 is critical to maintain bullish sentiment
🟢 A break below this support may lead to a deeper correction toward $97600 $97800
🟢 Market structure remains bullish with no sign of reversal
📈 Market Volume
Volume is moderate as the week begins. While there's no major news catalyst today, price may stay reactive to technical levels and trader sentiment.
📊 Monday Note
Mondays typically see a cautious start. Watch for a directional move post-London or New York open as traders position for the week.
⚠ Trade Smart
Stay patient. Look for clean breakouts or pullbacks to demand for high-probability entries. Avoid chasing price near resistance.