🔍 Bitcoin Daily Snapshot
Current Price: ~$105.4 K
Range Today: $104.4 K – $106.0 K
Support Held: $104 K – $105 K range—acted as a strong bounce zone
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📈 Bullish Thesis
Swift Recovery: Bitcoin rose quickly from sub-$104K dip, showing robust buying activity
Pivot Range: $104K–$105K remains a key level; staying above keeps bullish momentum intact
Institutional Support: Ongoing ETF inflows and Macro narrative supporting a move to $120K+ remain in play
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⚠️ Bearish Risk
Resistance Block: Breaking and holding above $106K will confirm continuation; failure could see rejection back to $104K
Macro Headwinds: Escalating geopolitical tensions or macroeconomic instability may ignite another dip.
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🎯 Today’s Outlook
Bullish Setup: Trade with bias for continuation while BTC holds above $104K–$105K, targeting:
Short Term: $106K → $108K
Mid Term: $110K → $112K
Breakdown Trigger: If BTC loses $104K decisively, look for drop towards $100K–$102K zone.
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🧠 Trade Checklist
🎯 Bullish Edge: Price > $105K + volume support = buy bias
📉 Caution Zone: Rejection at resistance or breakout failure = pause or lean neutral
🛡️ Risk Control: Tight stops near $104K for long positions, or watch stops below if shorting
