$Bitcoin entry point and take profit and stop loss .....

Chart Summary

Current Price: $109,563.81

Recent High: $111,980.00

Recent Low: $107,316.00

RSI(6): 67.68 — close to overbought territory

Fibonacci levels: 0% ($83,736.26) to 100% ($111,980.00)

Trend: Strong upward momentum with a slight pullback

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Strategy

Entry Point

Zone: $108,500 – $109,200

This is near the 26.17% Fibonacci retracement level and provides a lower-risk entry on a pullback.

Stop Loss

Level: $106,800

Below the 24h low and also below the 38.2% Fib level. Gives enough room to avoid stop-outs on noise.

Take Profit Targets

1. TP1: $111,800 (near recent high)

2. TP2: $114,000 (next psychological resistance if breakout occurs)