$BTC Today's Vote | Will Bitcoin break the resistance level at $104,919 this week?
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In your opinion, will Bitcoin surpass the level of $104,919 (Fibonacci resistance 0.786) during this week?
Yes#
No
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Tradexel_FX analysis today:
Current price: $103,619
Main support: $101,300
Main resistance: $104,919
Technical indicators:
RSI at 58 → Moderate bullish momentum
MACD shows a bullish crossover supporting the continuation of the upward trend
My view:
The trend is upward with the possibility of testing the resistance at $104,919. Safe entry at support $101,300 with confirmation of a rebound.
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Trading points:
Potential entry point: at $101,300 with confirmation of price rebound.
Stop Loss: below $100,000 to reduce risks.
First target: $104,919
Second target: $109,396
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Important alerts:
If support at $101,300 is broken, the price may correct towards $98,000.
Follow economic news and its impact on the market, especially US inflation data.
What do you think?
Do you agree with the analysis? Share your prediction in the comments