$BTC /USDT – Recovery Underway, But Uncertainty Lingers Near Key Resistance
After sliding to lows around $108,324, #bitcoin has managed a quick rebound, climbing back above the $108,700 mark. While this upward move is a welcome sign for bulls, the market remains cautious as broader headlines—like geopolitical tensions and tariff concerns—continue to cloud the outlook.
Current Price Action:
Short-term recovery bounce seen on the 5-minute timeframe
Bulls stepping back in after recent sell pressure
Strong resistance still looming near $109,200 (24-hour high)
Market Sentiment:
$BTC often flirts with major breakouts, only to be pulled back by sudden macro shifts. Whether it’s global conflicts or economic uncertainty, big players tend to use fear to trigger shakeouts—just as retail gets hopeful.
Key Levels to Watch:
Keep a close eye on the $109,000 zone. A clean break and hold above this area could open the door to further upside. But stay alert—macro-driven surprises can quickly reverse any bullish momentum.
Final Thoughts:
We’re in a recovery zone, but it’s not smooth sailing just yet. Stay disciplined with your risk management, expect choppy moves, and don’t underestimate the impact of news events on short-term price action.