$BTC
🔄 Signal – BTC/USD: Bullish Reversal Setup in Progress
📊 Technical Overview

Current Price: ~$103,488

Structure: After rejecting ~$106K, BTC retraced and found support near ~$101K, with a bounce forming higher lows

Volume: Spike on the recent bounce – signaling buyer interest returning

Pattern: Early signs of bullish continuation, possibly forming a bull flag

📈 Long Trade Setup (Bullish Bias)

If BTC breaks above $104,200 with strong volume, a continuation of the uptrend is likely.

Entry: Above $104,200

Stop-Loss: Below $101,800

Targets:

TP1: $106,000

TP2: $108,500

TP3: $110,000+

🔻 Invalidation / Short Setup (Only if Breakdown)

If BTC loses $101,000 support, a deeper retracement could follow.

Entry: Below $101,000 (4H close)

Stop-Loss: Above $103,000

Targets:

TP1: $98,800 (key support)

TP2: $96,000

TP3: $93,500

✅ Signal Summary

Type: Conditional

Primary Bias: Bullish continuation

Signal Trigger: Break above $104,200

Invalidation: Break below $101,000

Confidence: ⭐⭐⭐⭐☆ if volume confirms breakout