$BTC is currently hovering between $103,800–$105,230, trading near the upper range ca.marketscreener.com+6tradingview.com+6barchart.com+6.
Short‑Term Indicators: On shorter timeframes, momentum appears neutral to bullish—multiple moving averages show “Buy” while oscillators are still pushed toward overbought zones tradingview.com.
Multi‑timeframe Outlook:
Daily/Mid‑term: Bullish bias confirmed with a breakout above the Ichimoku cloud, showing rising buyer pressure and higher‑low structure on the 3‑hour chart ca.marketscreener.comtradingview.com.
Pivot Points: Resistance lies around $105,125–$105,230, support near $104,935–$104,830 chartguys.com+6ca.investing.com+6ca.investing.com+6.
🎯 Trade Setup
Long Strategy (Buy)
Entry: Break & candle close above $105,230
Target: $106,000 (round‑number resistance)
Stop‑Loss: Below $104,830 (pivot support)
Short Strategy (Sell)
Entry: Breakdown & close under $104,830
Target: $104,000–$103,800 area
Stop‑Loss: Above pivot high at $105,230 #IsraelIranConflict