₿ $BTC /USDT – May 16, 2025 Market Update

🏷️ Category: POW

💰 Price: $103,621.02 (▲ +0.88%)

📈 24H High: $104,466.01 | 📉 24H Low: $101,383.07

🔄 24H Volume: 19,616.93 BTC | 💵 USDT Volume: $2.03B

📊 BTC Price Analysis & Key Levels

🔹 Resistance: $104,800 / $106,200

🔹 Support: $102,500 / $101,200

📉 Crypto Market Insights

🔸 Fibonacci Retracement (Low $101,383 – High $104,466):

38.2% – $103,317

50% – $102,925

61.8% – $102,532

🔸 ATR (14D): $2,820

📉 Expected Swing Range: $100,800 – $106,400

🚀 Bullish Scenario

✅ Staying above $102,900 could spark momentum to $104,800

✅ Clean break above $104,800 with volume might target $106,200

⚠️ Bearish Scenario

❌ Losing $102,500 support opens path to $101,200

❌ Below $101,200, sentiment may flip bearish with $99,700 next

🎯 Trading Strategy – Neutral to Bullish Bias

🛍️ Spot Trading

Buy Zone: $102,300 – $102,900

Targets: $104,800 / $106,000

Stop-Loss: $101,200

📉 Futures Trading

Long Setup:

Entry: $102,600 – $103,000

Target: $104,500 / $106,000

Stop-Loss: $101,000

Short Setup:

Entry: $104,500 – $104,800

Target: $102,800 / $101,500

Stop-Loss: $105,300

🛡️ Risk Management & Alerts

BTC remains above key VWAP and 38.2% Fib, suggesting cautious optimism. Set SL tight on long setups.

💡 Unique Insight – VWAP:

Current VWAP sits around $103,200 – acting as a magnet level and short-term pivot. Above it, bulls have a slight edge.

📌 Summary:

BTC is holding mid-range between resistance and key retracement supports. Watching $102.9K zone for bullish continuation.

❓Closing Question:

Can BTC reclaim $104.8K to unlock new highs—or is another retest of $101K on the cards?

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