Bitcoin (BTC) Market Analysis updates
Reason for Bullishness: High volume breakout attempt; confluence of supports (200 EMA, VWAP, 0.618 Fib).
Entry: $104,000–$104,500 (after strong reaction confirmation)
Target 1: $106,000
Target 2: $108,000
Target 3: $110,000
Stop Loss: Below $103,500
Note: Reclaim of $104.5K confirms breakout; weak reaction = fakeout and range reset to $102K–$105K.