#NewsTrade #BTC☀
Bullish Case:
•Breakout Above $105,500-$106,000: Could target $110,000 or higher, potentially setting a new all-time high.
•Confirmation: Sustained trading above MAs, positive MACD, and high volume would support this move.
•Strategy: Buy on dips to $98,000-$100,000, with stops below $94,000.
*Bearish Case:
•Failure at Resistance ($105,500): Could lead to a pullback to $92,800 or lower, with $87,000-$88,000 as critical support.
|Triggers: Bearish MACD crossover, RSI dropping below 50, or a daily close below $94,000.
Strategy: Short on rejection at $105,500, targeting $94,000, with stops above $106,000.
*Neutral/Range-Bound:
•Bitcoin may consolidate between $98,000-$105,500 if indecision persists, as noted by some analysts awaiting clearer signals (e.g., Monday close).
•Strategy: Trade the range, buying at support ($98,000) and selling at resistance ($105,000), with tight stops.
Note: Always conduct your own research and consult a financial advisor before trading.
