🚨 $BTC
/USDT – Bullish Setup or Just a Pause Before the Drop? 📈
Bitcoin ($BTC) has surged to $107,500, showing signs of bullish continuation. But can it sustain this move above key resistance, or is a retracement brewing? Let’s break it down.
📊 Market Overview
📍 Current Price: $107,500
📈 24h High: $107,577.75
❄️ 24h Low: $106,811.51
🪙 24h Volume (BTC): 3,201.75
💰 24h Volume (USDT): $343.51M
📉 Technical Snapshot:
MACD: Momentum remains positive—bullish divergence spotted
SAR: Dots below price—trend still upward
EMA: Price trading above key EMAs, indicating strength
📈 $BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $btcHolds Above $107,000):
Entry: Above $107,500
Targets: $108,200, $109,000, $110,000
Stop-Loss: $106,700
🔹 Bearish Scenario (If $btcDrops Below $106,700):
Entry: Below $106,700
Targets: $106,000, $105,200, $104,400
Stop-Loss: $107,500
🔍 Bitcoin Trading Insights
✅ Higher lows and strong buy volume suggest bullish control
✅ SAR and EMA indicators support trend continuation
⚠️ Watch for resistance near $108K – potential rejection zone
💡 Pro Tip:
If $BTC holds above $107,500 with increased volume, expect a move toward $110K. A failure to break $108K convincingly could trigger a short-term dip.
📢 Are you buying the breakout or waiting for a pullback? Let’s discuss!
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