$BTC Current Price: $105,558
24h Volume: $27.4B (Strong liquidity)
Market Cap: $2.099T (Dominance intact)
๐ Key Technical Indicators & Market Structure
๐ Momentum & Trend Confirmation
โ RSI (44): Oversold Rebound โ Bounced from extreme lows, signaling potential reversal.
โ MACD: Bullish Crossover โ Signal line crossed above MACD, confirming upward momentum.
โ Golden Cross (50EMA > 200EMA): Long-term bullish trend validated.
โ Price Above Key EMAs:
50EMA: $103,800 (Dynamic Support)
200EMA: $101,200 (Strong Bullish Foundation)
๐ Volume & Liquidity Analysis
$27.4B Volume: Institutional interest returning.
Bid-Ask Support: Large buy walls near $104,000โ$105,000.
๐ฏ Critical Price Levels (Fibonacci & Psychological Zones)
Immediate Resistance: $106,000 (Breakout confirmation).
Next Targets:
$108,091 (Take-Profit Zone).
$108,725 (Primary Target).
Strong Support: $104,080 (Stop-Loss Level).
Major Support: $102,500 (200EMA backup).
โก Trading Strategy (Bullish Bias, High Conviction)
๐ข Optimal Entry:
Aggressive: Current price ($105,558) with tight stop.
Conservative: Pullback to $104,500โ$105,000 (if retest occurs).
๐ฏ Take-Profit (TP) Zones:
$108,091 (3.0% gain) โ Partial exit.
$108,725 (3.5% gain) โ Full TP or trail stop.
โ Stop-Loss (SL) Management:
$104,080 (Below recent swing low).
Alternative SL: $103,800 (50EMA backup)
๐ Final Verdict: Bullish, Awaiting Confirmation Break
Short-Term: Upside favored if $106,000 breaks.
Mid-Term: Rally to $108,725+ likely if BTC holds $104,080.
Risk Warning: Failure to hold $104,080 may trigger correction to $102,500.
Next Catalyst: ETF inflows, macro liquidity shifts, or BTC dominance surge.