Bitcoin is showing some struggle near its peak around *109,556.87* ⚠️ — it’s hitting resistance and may face a short-term dip before it can gather strength for another push up 🔄.
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*What’s happening?*
- Bitcoin tried to break past recent highs but got rejected, indicating sellers are still active here 🛑
- Overbought conditions suggest a pullback could happen to shake out weak hands 🧹
- A dip now could build a stronger base for a healthier next rally 🚀
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*Take Profit Targets:*
1️⃣113,000 — if BTC breaks resistance on a bounce
2️⃣ 118,500 — next major psychological level
3️⃣125,000 — aiming for fresh all-time highs
*Stop Loss:* 105,000 — below key support to protect capital if the dip deepens
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*Prediction:*
Bitcoin might dip a bit in the short term to around105k or slightly lower before buyers step back in. This pullback is healthy to avoid a sharp crash and prepare for the next leg up. If support holds strong, expect a reversal towards the take profits mentioned. But if support fails, deeper correction could happen.
Stay patient, watch the volume and support zones carefully 👀. Bitcoin’s strength remains intact but needs to clear this resistance for a solid bull run continuation.
Ready to ride the waves? Keep your stops tight and take profits smart! 💎👐