$BTC – Between correction and potential breakout 🚀

#BTC #Bitcoin #BinanceSquare

📍 Current price: $106,034 (+0.64%)

📈 Daily range: $104,402 – $106,042

🧠 Quick analysis:

– BTC is correcting in a narrow range between $104–106k, with no clear bullish momentum since the record high of ~$112k on May 22.

– The key support at $106k is crucial: a break could trigger either a technical rebound towards $108–110k, or a pullback to $100k if it fails.

– In the medium term, a bold breakout above $110k would trigger a rally towards **$120–125k**.

🎯 Possible strategy:

✅ Waiting for a confirmed break beyond $106,500 to target $108,500–$110,000

📉 Scalping in the current range ($104–106k) with tight stops

🛑 Stop-loss below $104,400 in case of breakdown

💬 And you, are you staying in wait & see mode, ready to pounce on a breakout, or do you prefer to secure your gains in this range? 👇