$BTC Eyes on New Highs! Key Levels to Watch! 🚀
Bitcoin $BTC remains strong near
$107,245 as traders continue to buy the dips! 📈 With solid support and increasing momentum, BTC could soon challenge its all-time high of $111,980.
🔍 Quick Market Summary:
- Support Level: $107,245 (dips are being bought!).
- Resistance: $110,530 – break this, and we test $111,980!
- Bullish Signal: A breakout could even lead to a rally towards $150,000 in the long term! 💥
⚠️ But Stay Alert:
- If $BTC drops below $106,642, we could see a pullback to $100,000.
- Short-term Trend? Watch the support at $107,245 on 4-hour charts.
✨ Why Optimism?
- Metrics like the Mayer Multiple (1.1x) show that BTC is NOT overvalued yet!
- Bullish patterns suggest GREAT upside potential! 🌟