🚨 $BTC
/USDT – Pullback or Breakdown? -1.34% as Bulls Lose Grip! ⚠️
Bitcoin ($BTC) has dropped to $105,272.88, showing signs of exhaustion after testing above $106K. Is this just a cooldown before a push higher, or the start of a deeper correction? Let’s analyze the setup.
📊 Market Overview
📍 Current Price: $105,272.88
📈 24h High: $106,822.78
❄️ 24h Low: $103,371.02
📦 24h Volume (BTC): 16,251.16 BTC
💰 24h Volume (USDT): $1.70B
📉 Technical Snapshot:
EMA: Price dipping below short-term moving averages – caution advised
Bollinger Bands: Expanding downward – volatility increasing
Volume: Elevated – selling pressure present
MACD: Bearish crossover forming – momentum fading
📈 $BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $btcHolds Above $105,000):
Entry: Above $105,500
Targets: $106,500, $108,000, $110,000
Stop-Loss: $104,200
🔹 Bearish Scenario (If $btcBreaks Below $104,200):
Entry: Below $104,200
Targets: $103,000, $101,500, $100,000
Stop-Loss: $105,300
🔍 BTC Market Insights
✅ Holding above $105K keeps short-term bullish hopes alive
❌ MACD turning bearish – momentum waning
⚠️ Breakdown below $104,200 could trigger a sharper correction
💡 Pro Tip:
Watch for a bounce off the $105K zone. If price holds with strong volume, buyers could reclaim control. Otherwise, prepare for a move toward the psychological $100K level.
📢 What’s your BTC play—buy the dip or wait for confirmation? Comment your strategy below!
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