🚨 $BTC /USDT – Major Support Retest at $105K!
Is Bitcoin Prepping for a Bounce or Breakdown?
---
📍Current Price: $105,866.76
📉 24h Change: -2.71%
📈 24h High: $108,891.91 | 🔻 24h Low: $104,600.50
📊 24h Volume: 24,019 BTC | $2.55B USDT
---
📊 Market Insights:
Bitcoin just dipped to retest a key demand zone between $104.5K–$106K, showing signs of weakness after failing to sustain above $108K. If the $104.5K level holds, we could see a bounce. A breakdown below this zone may trigger a sharper sell-off toward $102K or lower.
---
📌 Key Levels to Watch:
Resistance Zone: $108.5K – $109.5K
Support Zone: $104.5K – $106K
Breakout Level: $109.5K+
Breakdown Level: Below $104.5K
---
📈 Bullish Trade Setup (if support holds):
Entry: $105.2K – $106.0K
Take Profit Targets:
TP1: $108.2K
TP2: $110.5K
TP3: $113K
Stop Loss: $104.4K
📉 Bearish Setup (on confirmed breakdown):
Entry: $104.2K – $104.5K
Take Profit Targets:
TP1: $102K
TP2: $99.5K
Stop Loss: $106.2K
---
💡 Pro Tip:
Volume is key here. A bounce with increasing buy volume near $105K signals recovery potential. But a close below $104.5K with strong selling pressure opens the gates for deeper downside. Wait for confirmation.
---
📢 Bitcoin Bulls or Bears – Who's in control next?
💬 Drop your thoughts, tap ❤️, follow for more killer trade setups, and comment your next coin for analysis!
Buy And Trade Here On $BTC
BTC
105,888.71
-2.73%
