BTC/USDT: Strategic Correction or the Start of a New Rally? ❓🔥
Current Price: 108,808.2
Change: +0%
Bitcoin is at a crossroads — boom or breakdown ahead? 🚀⚠️
Is this just a healthy correction or the start of a major rally? Let’s break it down before your next move!
🌐 *MACRO & FUNDAMENTALS*
🗣️ *Fed Talk*: Hawkish tone from the Federal Reserve means no rate cuts soon. Sticky inflation puts short-term pressure on crypto.
📉 *Market Mood*: Investors turning cautious, shifting to safer assets. But BTC's long-term fundamentals stay strong.
🔗 *On-Chain*: Wallet activity and hash rate are increasing — accumulation is ongoing despite the dip!
📊 *TECHNICAL OUTLOOK (H1 CHART)*
BTC/USD corrected after hitting resistance at 111,947. A bounce from 106,831 suggests possible range-bound action.
⚠️ *Chart Pattern*: Potential bull trap — monitor the 110K–112K supply zone.
📉 *EMA*: Short-term EMAs show bearish momentum on H1.
🎯 *TRADE SETUPS*
🔻 *Scalp Sell Zone*
Entry: 111,800 – 111,950
Stop Loss: 112,200
Targets: 110,000 → 108,500 → 106,800 → 102,567
🔺 *Buy Zone (Support Pullback)*
Entry: 106,800 – 106,600
Stop Loss: 106,200
Targets: 107,800 → 109,000 → 110,000
🔍 *KEY LEVELS*
Resistance: 111,947 – 112,000
Support: 106,831 → 106,600 → 102,567
FIBO Levels: 0.5 = 109,393 | 0.382 = 108,763
⚖️ *STRATEGY OUTLOOK*
If BTC breaks above 112K with volume, next move could push toward 114K+.
But a break below 106.8K could signal a fall toward 102.5K.
✅ *FINAL THOUGHT*
BTC is balancing between macroeconomic pressure and key chart levels.
Stay patient, wait for confirmations, and manage your risk smartly.
Watch for U.S. Jobless Claims data today for market impact.
Trade smart. Stay updated. Follow for real-time crypto alerts."#BinanceAlphaAlert #MarketPullback #TrumpTariffs #DinnerWithTrump #MerlinTradingCompetition