๐จ $BTC
/USDT โ Bulls Regain Control? ๐ +0.97% Surge to $108K!
Bitcoin ($BTC) has pushed back above the $108K mark with strong momentum. Is this the breakout that signals the next leg up, or just another temporary spike? Letโs break it down.
๐ Market Overview
๐ Current Price: $108,207.60
๐ 24h High: $108,528.50
โ๏ธ 24h Low: $107,154.62
๐ฆ 24h Volume (BTC): 4,761.78 BTC
๐ฐ 24h Volume (USDT): $513.01M
๐ Technical Snapshot:
EMA: Short-term EMAs turning upward โ bullish structure
Bollinger Bands: Expanding โ volatility incoming
MACD: Bullish crossover building
๐ $BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BTC Holds Above $107,800):
Entry: Above $108,300
Targets: $109,000, $110,500, $112,000
Stop-Loss: $107,200
๐น Bearish Scenario (If BTC Drops Below $107,000):
Entry: Below $107,000
Targets: $105,800, $104,500, $103,000
Stop-Loss: $108,200
๐ BTC Trading Insights
โ Price action above key resistance ($108K) โ bullish confirmation
โ MACD and volume favor breakout continuation
โ ๏ธ Watch for rejection at $108,500 zone โ previous supply level
๐ก Pro Tip:
If price reclaims and holds $108,300 with volume, the next rally to $110K+ could unfold fast. Stay sharp and trail your stops!
๐ข Are you long, short, or waiting on the sidelines? Drop your plan below!
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