🔴 $BTC – Key Zones Update
📍 Resistance Zone:
Price has repeatedly bounced off the 109.5k–110k resistance area. A breakout above 110,400 will likely trigger a strong move higher, potentially leading to a new all-time high (ATH).
🟢 OTE Zone (Optimal Trade Entry):
This is the optimal area for entering long positions. The price may correct to this zone before resuming its upward movement.
⚠️ Scenario Outlook:
A breakout above 110,400 increases the probability of a new ATH.
A return below 107,200 could open the door for a deeper, protracted correction towards 103,500.
✅ For now, we maintain a bullish bias, monitoring price reactions around these critical zones for either a strong continuation or deeper retracement.