📌📈👉💸Bitcoin ($BTC) recently posted a strong rally, surging from $100,000 to an intraday high of $105,000, reclaiming key psychological ground. However, the momentum has started to stall as the price approaches local resistance at $105,000 and a major liquidity cluster near $106,500.
🔍 Key Technical Levels to Watch:
Resistance Zone: $105,000 – $106,500
This region is packed with sell-side liquidity and has already triggered multiple short-term rejections. A clean breakout and 4H candle close above $106,500 could activate further upside.
Bearish Scenario:
Failure to hold above $105,000 may lead to a corrective move. The likely retracement target is the 4H Order Block (OB) zone between $102,000 and $101,000, which previously served as a strong demand area during the breakout.
Bullish Reaction Zone:
If price dips into the $102K–$101K OB zone and buyers show strong intent (e.g. bullish engulfing or significant volume spike), this would signal a high-probability reversal and a potential rally back to test and possibly break the $106,500+ liquidity zone.
📊 Momentum & Volume Outlook:
The RSI on the 4H timeframe is cooling off from overbought territory, suggesting consolidation or a short-term pullback.
On-chain inflows to exchanges remain muted, indicating the rally may have been spot-driven rather than fueled by heavy derivatives activity.
📅 Short-Term Outlook:
✅ Bullish if: BTC flips $106,500 into support — targeting $108,800 and beyond.
⚠️ Caution if: Price loses $105K and stalls in the $103K rang
e — watch for a deeper move to $101K.
