$BTC /USDT – BULLISH REVERSAL ZONE HOLDING STRONG!
#Bitcoin is currently respecting a key horizontal support near the $104,000 level after forming a clear descending structure followed by a strong reaction candle. The chart shows a bullish W-formation supported by increasing volume, hinting at a potential upside breakout.
📊 TECHNICAL OUTLOOK
Support Zone: $103,800 – $104,000 holding as demand reactivates
Pattern: Descending channel break + bullish reaction at previous low
Next Key Level: Resistance zone around $105,700
Volume Insight: Buying pressure rising after recent sell-off
🎯 MARKET NEXT MOVE
If $BTC holds above the current support zone, we could see a bullish continuation towards $104,900 and eventually test the $105,700 breakout area again. Confirmation will come with strong candles breaking above $104,500 on volume.
⚠️ STRATEGY SUGGESTION
Entry Idea: Above $104,500 candle close
SL: Below $103,800
TP Zones: $104,900 and $105,700