Today, $BTC is trading around $102,549, showing a slight drop in price after touching a high of $103,983 earlier in the day.
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🔍 Price Summary
Current Price: $102,549
Day Range: $101,183 – $103,983
24h Trend: Mild downtrend with possible sideways movement
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📉 Technical View
Bitcoin is currently in a short-term downtrend. The candles on the live chart are showing lower highs, and the market is struggling to break above the $104K resistance.
Support Zone: $101,500 and $100,000
Resistance Zone: $103,740 – $104,120
Most Moving Averages (MAs) are pointing toward a sell signal on short timeframes, while momentum indicators like RSI are neutral – not too strong, not too weak.
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🧠 My Trading Idea (Personal View)
📌 I believe $BTC is in a temporary pullback. If it holds above $101,200, there’s a chance it could bounce and re-test $104,000.
But if it breaks below $101,000, we might see a deeper correction.
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🛠️ Strategy Suggestions (For Futures Traders)
Short Entry: Around $103,800
🎯 TP: $102,000
❌ SL: $104,300
Long Entry (Only if support holds): $101,200 – $101,500
🎯 TP: $103,000
❌ SL: $100,500
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💬 Final Words
$BTC is showing mixed signals — neither too strong nor too weak. The market is waiting for a clear breakout.
Until then, trade carefully, set your stop-loss, and don’t FOMO.
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