🚨 $BTC /USDT – Bulls in Control! Major Resistance Test at $106.8K
Bitcoin is charging upward, currently trading at $105,999.55 (+1.60%), just shy of breaking the key resistance zone. Momentum is strong—but is $107K the next breakout level? Let’s break down the setup 🔎👇
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📊 BTC Key Stats:
💰 Current Price: $105,999.55
🔼 24h High: $106,794.67
🔽 24h Low: $104,050.96
📈 24h Volume (BTC): 13,716.86
💵 24h Volume (USDT): $1.45B
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📍 Key Levels to Watch:
Resistance Zones:
$106,800 – Immediate breakout level
$107,500 – Next major supply zone
$108,300 – Extension target
Support Zones:
$105,300 – Short-term support
$104,500 – Bullish retest zone
$103,650 – Trend invalidation
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📈 Bullish Setup (Breakout Play):
Entry Zone: $105,500 – $106,200
Targets:
🎯 TP1: $106,800
🎯 TP2: $107,500
🎯 TP3: $108,300
Stop Loss: $104,450
📉 Bearish Setup (Rejection Trade):
Entry Zone: $106,800 – $107,200 (if rejected)
Targets:
🎯 TP1: $105,500
🎯 TP2: $104,500
Stop Loss: $107,750
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📌 Market Outlook:
Bitcoin is pushing higher with solid momentum, testing the upper bounds of the current consolidation range. A confirmed 4H close above $106,800 could spark a continuation toward $108K+.
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💡 Pro Tip:
Wait for volume confirmation and watch for a breakout retest around $106.8K for a safer long entry. Don’t chase—trade with structure.
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