📊 $BTC USDT Update – Key Technical Outlook
💰 Current Price: ~$107,400
🕹️ Timeframe: Daily Chart
📦 Pattern: Bitcoin is consolidating inside a rectangular range (accumulation zone).
🔄 Scenarios to Watch:
🔴 Bearish Case:
Price has rejected from upper resistance again. If this continues, BTC may retrace toward the lower support zone of the range.
🟢 Bullish Case:
If Bitcoin manages to break and close above the resistance, it could trigger strong bullish momentum and resume the upward trend.
📌 Conclusion:
Market is at a critical decision point. Wait for a confirmed breakout (either up or down) before entering. Avoid chasing — let the chart confirm.
🧠 Strategy Tip:
Watch volume + candle structure near breakout levels. The fakeouts are common in rectangular ranges.
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