🚨 $BTC
/USDT – Correction in Progress or Buying Opportunity? 📉
After testing a high of $106,491.86, $btchas pulled back to $105,000.01, marking a -1.34% drop in the past 24 hours. Let’s break down what’s driving this move and where price could go next.
📊 Market Overview
📍 Current Price: $105,000.01
📈 24h High: $106,491.86
❄️ 24h Low: $103,371.02
📦 24h Volume (BTC): 16,191.24
💰 24h Volume (USDT): $1.70B
📉 Technical Snapshot:
Price Protection Range: $104,500–$103,500 (Strong buyer interest zone)
EMA & BOLL: Price pulling toward mid-Bollinger band support
Volume: Elevated, signaling active participation
📈 $BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $btcHolds Above $104,800):
Entry: Above $105,200
Targets: $106,200, $107,500, $109,000
Stop-Loss: $103,700
🔹 Bearish Scenario (If $btcBreaks Below $103,700):
Entry: Below $103,500
Targets: $102,000, $100,000, $98,500
Stop-Loss: $105,200
🔍 BTC Market Insight
✅ Healthy retracement after a strong uptrend – watch for bounce signals
✅ Volatility increasing = prime setup for scalpers
⚠️ MACD & SAR confirmation pending – wait for clearer signals if unsure
💡 Pro Tip:
If $BTC defends the $104.5K zone and reclaims $105.5K on strong volume, bulls may regain control. Stay alert near macro support.
📢 Are you buying the dip or waiting for confirmation? Drop your thoughts below!
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