$BTC /USDT – Vigorous Rebound, Bulls Back in Charge Above $105K
Entry Price: $105,800
Take-Profit 1: $106,000
Take-Profit 2: $106,200
Take-Profit 3: $106,500
Stop-Loss: $104,800
Market Update
Bitcoin has bounced sharply from its recent trough at $100,372, climbing to roughly $105,750 and reclaiming key bullish territory. On the 2-hour chart, a series of higher lows highlights renewed buying pressure after the deep correction.
Today’s breakout above $104,500 underscores the strength of the recovery. If BTC can keep its footing above $105,000, the next zones to monitor are $107,000 and $109,200. A clean push past $106,000 could set the stage for a retest of the $112,000 resistance band.
Congrats to everyone who bought the dip—this rebound is paying off. Bulls have the upper hand, and the chart still shows room for further upside as long as support levels hold.
Risk-Management Tip
Once Take-Profit 1 is reached, move your stop-loss to breakeven to secure gains while allowing the remainder of the position to run.
