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BTCUSDT holding 104K!
📊 Technical Analysis:
● BTC again defended the 104 k-104.3 k flip-zone and long-term purple trend-line, printing a fourth higher-low inside the 7-month rising channel.
$BTC
● Price is coiling in a tight bullish pennant beneath April’s high; a breakout aligns with the channel ceiling and projects toward the 112.5 k supply band.
💡 Fundamental Analysis:
● CME BTC-futures open-interest hit a record this week, while Glassnode shows exchange reserves at a 6-year low—evidence of both leveraged and spot accumulation supporting upside continuation.
✨ Summary:
Higher-low + record OI favour longs: accumulate 104-105 k, objectives 108 k ➜ 112.5 k, risk controlled on a close below 100.6 k.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
#BTC110KToday?
#DinnerWithTrump
● BTC again defended the 104 k-104.3 k flip-zone and long-term purple trend-line, printing a fourth higher-low inside the 7-month rising channel.
$BTC
● Price is coiling in a tight bullish pennant beneath April’s high; a breakout aligns with the channel ceiling and projects toward the 112.5 k supply band.
💡 Fundamental Analysis:
● CME BTC-futures open-interest hit a record this week, while Glassnode shows exchange reserves at a 6-year low—evidence of both leveraged and spot accumulation supporting upside continuation.
✨ Summary:
Higher-low + record OI favour longs: accumulate 104-105 k, objectives 108 k ➜ 112.5 k, risk controlled on a close below 100.6 k.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
#BTC110KToday?
#DinnerWithTrump
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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