$BTC What This Means for Traders
1. Mid‑Range Bounce:
BTC is trading near the middle of today’s range—showing no extreme volatility yet.
2. Potential Scenarios:
Upside play: A breakout above $103,900+ could signal a push toward $105K–$106K.
Support test: A drop to $101K–$101.2K might offer a buying entry for a rebound.
3. Short-Term Strategy:
Scalping opportunity: Buy near $101,200 with a tight stop (~$100,800) targeting $103,900 — potential profit ~2.5%.
Breakout trade: If BTC clears $103,900 on high volume, aim for $105,000–$105,500.