$BTC

1️⃣ Market Structure 102k to 106400

BTC has recently broken above key resistance around $100K, confirming a bullish market structure with higher highs and higher lows

It’s now consolidating between $100K–$106, forming a short-term range.

Verdict: Uptrend intact — bullish.

2️⃣ Psychological Levels

$100K has flipped from resistance into strong support (tradingview.com).

The next psychological milestones are $106400K–$110K, where earlier ATHs and round-number resistance sit

Verdict: Holding above $100K supports bullish bias, but the upper $106400K–110K zone is key resistance.

3️⃣ Fibonacci Retracement Levels

A likely swing low-to-high Fib draw:

38.2% around $100K–$102K,

50% near $102K,

61.8% close to $104K

BTC briefly pulled to the 38–50% zone then bounced, a bullish sign.

Verdict: Retracement respected → trend continuation likely. A deeper drop below $100K would challenge this.

4️⃣ Trendline

Short-term trendline supporting this uptrend runs from recent lows (~$96K) to ~$105K. It’s near $104K–$105K now.

A bounce from this trendline and $104K–$102K Fib zone would confirm ongoing bullish structure.

Verdict: Holding trendline is crucial. A breakdown would signal a shift.

5️⃣ Candlestick Confirmation

Recent candles show bullish momentum but with slowing volume—signaling possible short-term consolidation.

Watch for bullish long‑leg candles or engulfing patterns above $107K or on a bounce near the trendline for trade confirmation.

Verdict: Tactically awaiting proper candle signals is wise.

✅ Summary

Current bias: Bullish, as long as BTC holds above $100K.

A bounce at $102K–$104K with strong candlestick patterns would be a good entry for a move toward $110K–$120K.

However, if $100K support fails, BTC could retrace to the $92K–$96K zone .

🔧 What You Can Do Next

Set alerts around $106500K (trendline/Fib

or Take Short wth $ Stop at 107000k) if 107000 k holded at 4 hr time frame Next plan to move for bullish entry .