$BTC Current price 105300 up to 2 % today
Market structure
Price is in a strong uptrend after breakout the 100000 $ psychological level
$BTC Is currently approaching resistance at the 106000-107000 zone
The level key liquidity we may se a wick above it to trap breakout buyers and collect buy side liquidity
Liquidity map
Buy side above 106000
Sell side 102000
Indicators
RSI (14) : 66.42 nearing overbought zone suggest a potential pullback soon
50-day SMA 86939 for below current price showing
Key level
Resistance. 106000 -107000
Major support. 102000- 100000
Next target . 110000 -112000
Risk area . Below 100000
What is watch for :
Scenario. 1 bullish if BTC holds above 106000 with volume target 🎯 is 110k
Scenario.2 bearish rejections
A wick above 106K followed by a close below 104k could trigger a pullback to 102k or even 100k
