🟢 $BTC /USDT Holding $104,930 – Bullish Momentum Intact 🚀
Bitcoin ($BTC ) is currently trading at $104,930.4, up +3.17% on the day. After dipping to a low of ~$99,547, it has bounced back strongly, with volume showing fresh buyer interest and price reclaiming key levels. A push toward the $106,000–$107,500 zone is on the radar! 📈🔥
📊 Market Overview:
Price: $104,930.4
24H High / Low: $106,050 / $99,547
Volume: 303K BTC / $31.30B
Trend: Short-term bullish with reclaim above MA60
🔍 Technical Breakdown:
Price is sitting above the 60 MA (104,893.5) – bullish signal
Volume peaked earlier, now consolidating – could reload for next leg
Resistance zones: $105,500, then $106,800
Support levels: $103,500 and strong base at $102,000
🎯 Trade Setup:
✅ Bullish Plan:
Entry Zone: $104,600 – $105,000
Stop Loss: $103,000
Target 1: $106,200
Target 2: $107,500
Target 3: $109,000+ (if breakout sustained)
❌ Bearish Plan:
Rejection below $103,000 = bearish engulfing risk
Below $101,500, structure turns short-term bearish
🧠 Pro Tips:
Watch for volume spike + clean breakout above $105,500
Strong correlation with NASDAQ/S&P – check macro movement
Scalpers should trail SL once $106K is cleared 🔒
📌 Summary:
BTC/USDT at $104,930 is holding strong above the 60 MA. If volume returns and bulls clear $106K, we could see a sprint toward $109K+. Accumulation zone is active – breakout traders, be ready! 🔥
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