$BTC chart with a 1-day interval, here’s a short analysis for a medium-risk day trade:
- **Entry Point**: $109,351.72 (current price, assuming entry at the latest candlestick).
- **Take Profit**: $111,970.17 (next resistance level, offering a reasonable profit target).
- **Stop Loss**: $100,084.56 (support level to limit downside risk).
This setup balances potential reward and risk, with a risk-reward ratio of approximately 1:2. Monitor price action closely due to the recent 1.89% drop.