🔥 $BTC /USDT – Consolidation Above $105K: Bulls Holding Strong!
$BTC is currently trading at $105,546, showcasing resilience after bouncing from the key $100,372 low. The 4H chart reflects a solid recovery with a Parabolic SAR flip, indicating bullish momentum is intact.
📊 Market Snapshot:
24h High: $106,488
24h Low: $104,964
Volume: 8,456 BTC
Current Resistance: $106,794
Support Zone: $104,289 – $100,372
📈 Technical Outlook:
Price is forming higher lows — a bullish structure.
Parabolic SAR now trailing below price = Uptrend confirmation.
A break above $106,794 could trigger a run toward $107,500+.
⚠️ Watch closely: If BTC holds above $105,000, bulls might push for new local highs. A drop below $104K may invite short-term corrections.