$BTC at $105K - Coiling for Breakout 🚀
Bitcoin sitting at $105,022 right now. Charts looking spicy.
Quick Setup 📊
Bounced from $101,400 support, broke $106,800 resistance. Now consolidating between $104K-$106K.
RSI at 40.8 - room to run. MACD curling up on 4H.
Market sentiment hit 2.12 this week (bullish). Held above $100K for a month straight.
My Trade 🎯
Entry: $104,800-$105,200 Target: $109,500 (4.3% gain)
Stop: $101,000 (3.8% risk)
Clean 1:1.7 R/R. Break of $106,800 with volume sends us to $109K.
Whales accumulating, ETFs flowing in. This feels like consolidation before next leg up.