$BTC
BTC Update
Price: $104,264.23 | Change: +2.35%
Bitcoin is maintaining its position above the $104K level, posting a 2.3% gain for the day. The move reflects bullish strength after reclaiming a key support zone. Trading volume remains healthy, and short-term momentum indicators suggest further upside potential.
Entry Zone:
Ideal buying range: $103,300 – $104,200
Targets:
🎯 Target 1: $105,600
🎯 Target 2: $106,500
🎯 Target 3: $108,200
Stop Loss:
Suggested below $101,800 to manage risk.
Key Levels:
Support: $102,500, $100,700
Resistance: $105,600, $108,200
Pivot Level: $104,300
Pro Tip:
Look for a 4-hour candle close above $105,600 for confirmation of continued upward movement. A pullback near $103K on declining volume could present a favorable re-entry point. Consider scaling out gradually to lock in profits as price climbs.