Recent analyses suggest that BTC is forming an expanding triangle pattern, indicating potential for significant price movement.
If BTC breaks above the $105,673 resistance level, it could target the following take-profit (TP) levels:
TP1: $106,500
TP2: $107,500
TP3: $108,500
TP4: $109,500
TP5: $110,500
However, if BTC fails to hold above the $103,899 support level, it may decline towards:
TP1: $102,500
TP2: $101,500
TP3: $100,500
TP4: $99,500
TP5: $98,500
Trade Setup:
Entry Price: $104,000
Stop Loss: $103,500
Note: Always conduct your own research and consider your risk tolerance before entering any trade.
Stay informed and trade wisely!
