Midday BTC Outlook
Market Analysis
Scenario 1: Short Squeeze Rally
Trigger Condition: Price breaks through $108,500 +
Target Path:
First Target: $109,200-$109,500
Ultimate Target: $110,000-$111,000
Scenario 2: Technical Pullback
Trigger Condition: Resistance at $108,500 +
Retracement Support:
- $107,800-$108,000
- $107,000-$107,300
Scenario 3: Black Swan Reversal
-Potential Events:
- U.S. SEC urgently halts stablecoin operations;
- Mt.Gox wallet activity
- Volatility Range: ±7% ($105,000-$113,000).
Trading Strategy
Bullish Strategy
1. Breakout Buy:
Stabilize above $108,600, market buy, stop loss at $108,000.
Target $109,500-$110,000
2. Pullback Buy:
- Retracement to $107,900-$108,100, build positions in batches, stop loss at $107,500.
Bearish Strategy
1. Resistance Sniping:
Short at $109,200-$109,400, stop loss at $109,800, target $108,300.
