$BTC

$BTC Retesting Key Demand Zone

Bitcoin is currently holding above the crucial 4‑hour demand zone around $104,000–$104,400 following a sharp rejection from the $110,000 resistance. A bounce here could trigger a renewed move toward $107K and beyond — but a breakdown might open the path to $102K.

Trade Setup:

Entry: $104,400–$104,800

Take‑Profit 1: $107,000

Take‑Profit 2: $109,500

🔍 Why this matters:

Holding above this demand zone signals potential strength after a pullback.

A rebound could spark a fresh rally toward $107K and $110K.

If support fails, the next key level is around $102K—so risk management is essential.

Summary

Key zone: $104K–$104.4K offers strong support

Bullish breakout above that zone could propel $BTC to $107K+

Watch carefully: breakdown might lead to a drop toward $102K

Trade plan: Entry at ~$104.4–$104.8K with take‑profits at $107K and $109.5K, using stops below $104K