$BTC
Here’s the latest on Bitcoin (BTC):
🔎 1. Market Snapshot
Current Price: ~$103,673, down ~0.5% intraday, trading between $102.6K–$106.4K
Recent Range: BTC has held between $104K–$110K for a while, bouncing from support at ~$104K
Catalysts Today:
Macro: Fed remains cautious, holding rates steady; geopolitical tensions easing slightly offer reduced risk-aversion .
On‑chain/Technical: Analysts note open interest divergence and accumulation signs—bullish setup toward breaking $108K–$110K .
Outlook:
Short‑term consolidation near $104K–$108K, embedded in a symmetrical triangle formation .
Medium-term potential breakout into the $130K–$135K range by summer if momentum continues .
---
🧩 2. Strategy for Today
📤 If Holding BTC
Take Partial Profit: Consider closing ~20–30% of your position near the $106K–$108K intraday highs.
Protect the Rest: Set a stop-loss just below support at around $103K to guard against deeper dips.
Keep the Long-Term View: If bullish on the breakout and summer rally into the $130K+ zone, hold the remainder with room to add on dip.
📥 If Thinking of Buying Today
Buy Starter Portion: Enter at current levels (~$103.5K) to establish a position.
Dip-Add Strategy: Plan to add more on any pullback toward $102K–$103K range (strong support).
Risk Control: Place a buffer stop-loss slightly below support at $102K. Consider taking profit if BTC rallies over $108K intraday.
Long-Term Target: Aim for $130K–$135K if breakout is confirmed; trailing stop or re-evaluate around there.
---
📅 3. Today’s Action Plan
Step Action
1️⃣ Partial Close Sell $106K–$108K) if holding
2️⃣ Secure Stop-loss Set stop-loss for remaining holdings around $103K
3️⃣ Entry Opportunity If buying: enter now, with plan to DCA near $102K–$103K
4️⃣ Target Zone Aim to exit profits ideally between $130K–$135K (summer)
5️⃣ Monitor News Watch for Fed signals or geopolitical headlines