$BTC 🚀 BULLISH MOMENTUM 🚀
short-term trading plan and market overview for Bitcoin (BTC) @ ~$107,814 USDT, based on current momentum and chart structure:
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📊 Technical Overview
Chart Structure: BTC remains within a descending consolidation channel following the strong rally from April–May, with support near $100K and resistance around $107K .
Support Levels:
**$100,000** — key psychological support and recent bounce point
**$98,200–$99,000** — intraday dip zones tailored to geopolitical volatility
Resistance Levels:
**$107,000–$108,000** — upper channel edge, short-term pivot
**$112,000** — next major hurdle and all-time high region
Indicators:
RSI: Neutral (~55) – balanced between bullish and bearish.
MACD: Bullish crossover confirmed – momentum in favor of highs .
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🎯 Short-Term Strategy: "Buy the Dip + Breakout Play"
📍 Entry Zones:
1. **$100K–$102K** – dip-buy focus
2. **$107K+** – breakout entry with confirmation
**🛑 Stop-Loss Levels:**
For dip trades: below $98.5K
For breakout trades: below pivot after breakout confirmation
🎯 Target Zones:
1. TP1: $112,000 — next resistance above channel
2. TP2: $120,000–$125,000 — stretch objective upon sustained momentum
Execution Plan:
Dip-buy strategy: accumulate cautiously within $100K–$102K.
Breakout strategy: add or initiate full position post-break above $107K, confirmed by daily volume > $2B.
Risk management: trail stops to breakeven after first move; lock profits around $112K and scale out at $120K+.
🧠 Market Sentiment & Context
Recent U.S.–Iran escalation dropped BTC toward $98K–$99K, but quickly rebounded above $100K—a sign of underlying resilience .
✅ Summary
💡 Buy Zone: $100K–$102K (dip) or $107K+ (breakout)
🛑 Stop: < $98.5K or below breakout pivot
🎯 Targets: $112K → $120K–$125K
🛑 Disclaimer
For educational purposes only, not financial advice. Bitcoin is highly volatile. Always DYOR, use stop-losses, and trade responsibly.