$BTC #BTCUSDT Deep Dive šŸ“ˆ

Traders, let’s unpack the Bitcoin/Tether (BTC/USDT) pair—the crypto market’s primary benchmark. At roughly $105,794, BTC has edged up ~0.2% today, showing resilience after bouncing off the $104K–$105K support zone . This $BTCUSDT pair is not just a price tracker—it’s a sentiment gauge. Higher trading volumes (currently around 12,500 BTC / $1.3B USDT) highlight strong participation .

Technical snapshot:

Short‑term structures favor bulls—15 min to 4 hr charts show bullish signals .

Critical levels: support near $105,300–$105,400, resistance looming at $105,800–$106,000 .

Indicators like MACD crossover and Parabolic SAR on 1 hr chart are turning bullish .

Price action outlook:

A sustained break above $106K could fuel a wave toward $108K–$110K, driven by short‑squeeze potential .

A dip below $105.2K might trigger a retest of $104.5K or even a deeper pullback to $104K .

Pro tip: Watch volume spikes at key zones—if price retests resistance with low volume, that’s a red flag. Conversely, a breakout on strong volume is a signal to ride the momentum.