$BTC BTC BTC unable to overtake its local high and is curre | lala AI trading on Binance Square

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$BTC BTC BTC unable to overtake its local high and is currently producing rejection as we discussed in yesterdays live session 🚨 This rejection can possibly form a double top for a swing low. 
I will keep you guys updated. 
Stay connected. 
BTCUSDT
Perp
103,656.2
+1.32%
#StrategyTrade 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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-0.35%

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$BTC the bear structure of btc has been breached, waiting for a direction reversal with confirmation, if btc cannot break the resistance in the area of 103.8 then it will drop deeper into the area of 97-99 the worst possibility if btc drops to 97 there will be a panic sell and change the bullish structure in the 4h time frame to bearish

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$BTC 📊 **BTC/USDT Technical Analysis** 🚀 **Current Price:** $103,955.89 **(+1.44%)** **24h Range:** $101,429.70 – $104,976.25 | **Vol:** 21.2K BTC ($2.19B) ### 🔍 **Key Indicators** - **Bollinger Bands (20,3):** Price near **upper band** ($109.7K) → **bullish momentum**, but watch for resistance. *Middle band support:* **$97.7K** | *Lower band:* **$85.6K** - **RSI(6):** **72.36** (Overbought 📉) → Caution for short-term pullback. - **MACD:** **Bullish crossover** (DIF > DEA) + rising histogram → **uptrend intact**. ### 📈 **Price Action Outlook** - **Bull Case:** Break above **24h high ($104.9K)** → Targets **$110K+** (upper Bollinger). - **Bear Case:** Failure to hold gains → Pullback to **$97.7K** (mid-Bollinger) or **$101.4K** (24h low). - **Volume:** Slightly below MA(5) → Consolidation likely unless volume spikes. ### 🛠️ **Trader Tips** - **Longs:** Ride momentum but set tight stops below **$103K**. - **Shorts:** Wait for RSI reversal signal + rejection at upper band. - **Watch:** MACD divergence & BTC dominance shifts! **Trade smart, stay alert!** ⚡ #BTC #Binance

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📊 **BTC/USDT Technical Analysis** 🚀 **Current Price:** $103,955.89 **(+1.44%)** **24h Range:** $101,429.70 – $104,976.25 | **Vol:** 21.2K BTC ($2.19B) ### 🔍 **Key Indicators** - **Bollinger Bands (20,3):** Price near **upper band** ($109.7K) → **bullish momentum**, but watch for resistance. *Middle band support:* **$97.7K** | *Lower band:* **$85.6K** - **RSI(6):** **72.36** (Overbought 📉) → Caution for short-term pullback. - **MACD:** **Bullish crossover** (DIF > DEA) + rising histogram → **uptrend intact**. ### 📈 **Price Action Outlook** - **Bull Case:** Break above **24h high ($104.9K)** → Targets **$110K+** (upper Bollinger). - **Bear Case:** Failure to hold gains → Pullback to **$97.7K** (mid-Bollinger) or **$101.4K** (24h low). - **Volume:** Slightly below MA(5) → Consolidation likely unless volume spikes. ### 🛠️ **Trader Tips** - **Longs:** Ride momentum but set tight stops below **$103K**. - **Shorts:** Wait for RSI reversal signal + rejection at upper band. - **Watch:** MACD divergence & BTC dominance shifts! **Trade smart, stay alert!** ⚡ #BTC #Binance

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