Current Price: 108,808.2
Change: +0%
BTC at a pivotal moment — will it explode upward or break down? 🚀⚠️
Is this a healthy pullback or the start of a strong rally? Let’s analyze before you make your move!
🌐 MACRO & FUNDAMENTALS
🗣️ Fed Update: The Fed remains hawkish — no rate cuts on the horizon. Persistent inflation is keeping pressure on crypto short-term.
📉 Market Sentiment: Investors are cautious, favoring safer assets for now. But Bitcoin’s long-term fundamentals remain solid.
🔗 On-Chain Data: Increased wallet activity and hash rate point to ongoing accumulation despite recent dips.
📊 TECHNICAL ANALYSIS (H1 CHART)
BTC/USD pulled back after hitting resistance near 111,947. A rebound from 106,831 hints at possible range-bound trading.
⚠️ Chart Alert: Watch for a potential bull trap around the 110K–112K supply zone.
📉 EMA Signals: Short-term EMAs show bearish momentum on the hourly chart.
🎯 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
Fibonacci Levels: 0.5 = 109,393 | 0.382 = 108,763
⚖️ STRATEGY OUTLOOK
A confirmed break above 112K with strong volume could push BTC toward 114K and beyond.
Conversely, a drop below 106.8K may lead to a slide down to 102.5K.
✅ FINAL THOUGHTS
Bitcoin is balancing macroeconomic challenges with critical technical zones.
Exercise patience, wait for clear signals, and manage your risk carefully.
Keep an eye on today’s U.S. Jobless Claims data — it could impact market direction.
Trade smart. Stay informed. Follow for live crypto updates.
