#BTCMarketAlert ๐ BTC Technical Analysis Update โ Will It Reach $111K Again?๐ค๐๐ต comments doston apka analysis kya kehta yadi koi daut ho to puch sakte hain
Agar BTC $104.6K ke upar breakout karta hai with strong volume, toh 111K tak wapas aana possible and realistic hai next 7โ15 din ke andar.
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๐ BTC Technical Analysis Update โ Will It Reach $111K Again?
๐จ Current Price: $102,944
๐ Timeframe: 1D (Daily)
๐ Chart Source: Binance
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๐น Key Levels to Watch:
โ Support: $99,261 (EMA-99) โ Strong bounce observed
โ Resistance: $104,600 (EMA-25) โ Must break to go higher
๐ Next Target: $111,000+ (Previous high)
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๐ธ Technical Signals:
EMA(7) < EMA(25): Bearish crossover โ caution โ ๏ธ
EMA(99) bounce: Strong buyer interest near $99K
Volume Spike: Buyers active at the bottom
Fibonacci Level: Currently recovering from -8.84% zone
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๐ฎ Will BTC Reach $111K Again?
๐ If price breaks above $104.6K with volume, we may see:
โก๏ธ $108K short target
โก๏ธ $111K potential in 7โ15 days
But if BTC breaks below $99K, a deeper correction may come.
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๐ข Conclusion:
Market is at a make-or-break level! Bulls need to push above $104.6K for a strong recovery. Keep eyes on volume and EMAs.
๐ฌ What do you think โ are we ready for 111K?