📊 Current situation
- Current price: 106,158.50 USDT
- Daily change: a decrease of -0.92% (approximately -988 USDT).
- Price range: between 75,000 and 115,000 USDT during the period from April to July.
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📈 Trend analysis
- General trend: bullish in the medium term, but the price faces strong resistance near 110,000 USDT.
- Nearby support: 102,000 USDT – a level from which the price has previously bounced.
- Nearby resistance: 110,000 USDT – if broken, we may witness a new upward wave.
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🎯 Potential targets (if the rise continues)
Target Expected Price Condition First Target 110,000 USDT Break current resistance Second Target 115,000 USDT Continuation of upward momentum Third Target 120,000 USDT In case of strong institutional liquidity ---
⚠️ Potential bearish scenario
If the price fails to maintain the level of 102,000 USDT, we may witness:
- Drop towards 98,000 USDT (psychological and technical support).
- Then 92,000 USDT as a stronger support level in the medium term.
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🧠 Tips for traders and investors
- Watch the price behavior at 110,000 USDT: breaking it with a daily close will be a strong buy signal.
- Use a stop loss below 102,000 USDT to reduce risks.
- Follow global news, especially related to the US economy and interest rates, as they directly affect BTC.