$BTC Between correction and potential breakthrough 🚀
#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 104–106 k$, without a clear bullish impulse since the record high of ~112 k$ on May 22.
– Key support at the 106 k$ level is critical: a breakout could trigger either a technical bounce to 108–110 k$ or a pullback to 100 k$ if it breaks.
– In the medium term, a bold breakout above 110 k$ would trigger a rally to **120–125 k$**.
🎯 Possible strategy:
✅ Wait for a confirmed breakout above 106,500 $ targeting 108,500–110,000 $
📉 Scalping in the current range (104–106 k$) with tight stops
🛑 Stop-loss below 104,400 $ in case of a downside breakout