$BTC /USDT – Bearish Chill After the $104K Spike! Eyeing Reversal or Retest?
Current Price: $101,726.10 (-1.79%)
24h High / Low: $104,356.95 / $101,500.00
24h Volume: 14,535 BTC | $1.50B USDT
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Bullish Scenario (Recovery Bounce):
Entry Zone: $101,200 – $101,700
TP1: $103,300
TP2: $104,250
TP3: $105,200
Stop Loss: $100,500
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Bearish Scenario (Breakdown Play):
Entry Zone: Below $100,500
TP1: $99,300
TP2: $97,800
Stop Loss: $101,750
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Market Sentiment:
After peaking above $104K, $BTC is losing momentum with a -1.79% dip and testing the $101.5K zone. If the support at $100.5K fails, expect a slide. If it holds, a bullish recovery toward the upper range is on the table. Volume thinning, so tread carefully.
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Pro Tip:
Scalp small on bounce zones with tight stop losses, but size up only with volume confirmation over $103K or below $100K.
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Are you playing the bounce or prepping for the breakdown? Drop your bias and follow for real-time setups!
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