Bitcoin Bounce Incoming? Watch These Key Levels
Current Price: $107,270
$BTC is showing strength near a major demand zone. With institutions accumulating and market sentiment stabilizing, this could be the ideal zone for a bounce.
📌 Trade Signal – Long Setup
Entry 1: $106,200
Entry 2: $105,000
Take Profit 1: $108,500
Take Profit 2: $110,000
Take Profit 3: $111,800
Take Profit 4: $113,500
Stop Loss: $102,800
Remember this is a Swing trade for spot and Future & it can take from a week to 3 months So manage your position according to this.
📈 Why This Trade?
BTC is sitting at the lower trendline of a descending channel. Combined with whale accumulation and macro uncertainty driving investors to digital stores of value, this is a strong bounce zone. A break above $110K could open room for a move back toward $115K+.
