๐ Bitcoin $BTC Eyes New Highs! Key Levels to Watch! ๐
Bitcoin $BTC is holding strong near
$107,245 as traders keep buying the dips! ๐ With solid support and rising momentum, BTC could soon challenge its all-time high of $111,980.
๐ Quick Market Snapshot:
- Support Level: $107,245 (dips are being bought!).
- Resistance: $110,530 โ break this, and we test $111,980!
- Bullish Signal: A breakout might even spark a rally toward $150,000 long-term! ๐ฅ
โ ๏ธ But Stay Alert:
- If $BTC drops below $106,642, we could see a pullback to $100,000.
- Short-term trend? Watch the $107,245 support on 4-hour charts.
โจ Why Optimism?
- Metrics like the Mayer Multiple (1.1x) show BTC is NOT overvalued yet!
- Bullish patterns hint at BIG potential upside! ๐
๐ Remember: This is not financial advice! Crypto moves fast ๐ โ always DYOR (do your own research) before trading.
๐ฌ Whatโs your next move? Share below! ๐