$BTC /USD DOUBLE BOTTOM REVERSAL OR JUST A PAUSE?
#Bitcoin is attempting to recover after a sharp pullback from the $111,360.56 high. After forming a double bottom, price is now challenging the resistance zone near $106,800, trying to reclaim momentum after the drop from $109,054.71.
📌 Key Levels to Watch:
• Resistance: ~$106,800
• Support: ~$105,100
• Previous Swing Highs: $105,226 → $107,084 → $111,360
• Pattern: Double Bottom + Consolidation Breakout
Trade Setup:
• Entry Zone: $105,800 – $106,200
• TP1: $107,500
• TP2: $109,000
• TP3: $111,000
• Stop-loss: Below $104,800
A confirmed 4H close above resistance could send $BTC flying back toward its recent highs. Keep an eye on volume and follow the trend!
trade here on #BTC
