NguyenXuanPhuc
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$BTC Test again $110K – Recovery or continued adjustment?
Current price: BTC is trading around $112,894, having increased about 1.39% compared to the previous session. The daily price fluctuated between $110,924 and $113,332.
Short technical analysis:
Strong support: $110K – if this area is held, BTC has the potential to bounce back.
Resistance: $113K – $114K – a clear breakout is needed to aim for $116K – $118K.
If the support area breaks: There is a risk of further adjustment to $108K – $107K.
Technical indicators (e.g., RSI): Neutral, no clear overbought/oversold signals – sideways.
Personal view:
BTC is at the “key ROI zone.” If $110K is maintained, this is a good area to consider opening a short-term position. Conversely, if this area is loosened, it may retest deeper supports.
Do you think BTC will:
Recover from $110K → comment “Hold”
Break down and adjust deeply → comment “Dip”
I will choose the most interesting comment to pin for the weekend!
#BTC
Current price: BTC is trading around $112,894, having increased about 1.39% compared to the previous session. The daily price fluctuated between $110,924 and $113,332.
Short technical analysis:
Strong support: $110K – if this area is held, BTC has the potential to bounce back.
Resistance: $113K – $114K – a clear breakout is needed to aim for $116K – $118K.
If the support area breaks: There is a risk of further adjustment to $108K – $107K.
Technical indicators (e.g., RSI): Neutral, no clear overbought/oversold signals – sideways.
Personal view:
BTC is at the “key ROI zone.” If $110K is maintained, this is a good area to consider opening a short-term position. Conversely, if this area is loosened, it may retest deeper supports.
Do you think BTC will:
Recover from $110K → comment “Hold”
Break down and adjust deeply → comment “Dip”
I will choose the most interesting comment to pin for the weekend!
#BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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