š„ $BTC Chart Check: Range Break or More Chop Ahead?
The market is holding its breath, traders, as $BTC consolidates after a strong run. We're seeing tight ranges and a bit of indecision, possibly as everyone eyes upcoming economic data. Key levels are being tested, and the next move could set the tone!
š Trading Outlook:
ā”ļø Potential Long (low leverage): A confirmed bounce off the 105.5k support or a decisive break and hold above 109k could signal renewed bullish momentum. Upside targets might then be 112k and the recent highs around 115k.
ā”ļø Short Setup (low leverage): If sellers push us firmly below 104.5k, we could see a deeper correction towards the 100k psychological level, and potentially test support near 98k.
Stay alert and manage risk! š§
ā ļø NFA/DYOR.
#BTC #CryptoTrading #MarketUpdate
