🚨 $BTC
/USDT – Grinding Higher or Preparing for a Pullback? 🔍 +0.52% Today!
Bitcoin is inching higher toward the $105K mark, showing signs of resilience amid volatile market sentiment. Can bulls maintain this momentum or is resistance too strong? Let’s break it down.
📊 Market Overview
📍 Current Price: $104,904.61
📈 24h High: $105,325.83
❄️ 24h Low: $103,500.00
📦 24h Volume (BTC): 12,797.04 BTC
💰 24h Volume (USDT): $1.34B
📉 Technical Snapshot:
EMA: Sloping upward – bullish momentum building
Bollinger Bands: Tightening – potential breakout zone
Volume: Strong inflow supports bullish continuation
Price Protection: Holding above key zone of $104,500+
📈 $BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BTC Holds Above $104,500):
Entry: Above $105,000
Targets: $105,800, $107,000, $108,500
Stop-Loss: $103,800
🔹 Bearish Scenario (If BTC Breaks Below $104,000):
Entry: Below $104,000
Targets: $103,000, $101,800, $100,500
Stop-Loss: $105,000
🔍 BTC Trading Insights
✅ Holding above EMA and mid-range = signs of strength
✅ Consolidation near $105K could act as launchpad
⚠️ If rejected near $105,300 again, expect short-term correction
💡 Pro Tip:
Keep an eye on volume spikes near $105K. A high-volume breakout can push BTC into a new short-term bullish leg.
📢 What’s your game plan—bullish breakout or cautious retrace? Drop your views in the comments!
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