$BTC
Bitcoin's current price is around $106,239-$107,663.50.
*Key Levels to Watch:*
- *Support Levels:* $101,235.30 (short-term trading range), $100,543 (rectangle formation support), $98,571.526916 (band low), $101,539.688446 (support level)
- *Resistance Levels:* $108,387.82 (rectangle formation resistance), $116,806.62 (rectangle formation resistance), $119,254.614926 (band high)
*Trading Setup:*
- *Long Entry:* Consider buying above $106,239 or $80,671.23 (breakout strategy) with targets at:
- *Target 1:* $128,090-$136,850 (medium-term target)
- *Target 2:* $145,770-$162,930 (long-term target)
- *Target 3:* $175,023.962400 (macro target)
- *Stop Loss:* Set at $102,374.54 (short-term trend reversal level) or $78,052.44 (breakout strategy stop loss)