🔥 Bitcoin Nears ATH — One Final Push or a Fakeout?
Bitcoin again rose beyond $105,500. BTC is stabilizing and may reach $108,000.
Bitcoin rose again from $102,500.
The price is over $103,500 and the 100-hour SMA.
On the hourly BTC/USD chart, a bullish trend line with support around $104,200 is formed.
If it breaks $106,000, the pair may rise.
Bitcoin Gains Continue
Bitcoin left the $102,500 support zone and rose. BTC built a base and broke $103,500 barrier. The bulls pushed it beyond $104,200.
Bulls drove prices beyond $105,000. After hitting $107,042, the price is correcting. Price fell below $105,500. The price fell below the 50% Fib retracement line of the $103,346 swing low to $107,042 high.
It stays steady at $104,000. On the hourly BTC/USD chart, a bullish trend line with support around $104,200 is formed. Bitcoin is over $104,500 and the 100-hour SMA.
Close to $105,500 is immediate upward barrier. First major resistance is around $106,000. The next hurdle may be $107,500. A closing above $107,500 resistance might boost prices. The price may soar to $108,800 resistance. New advances might push the price beyond $110,000 and an all-time high.
Another BTC Drop?
Bitcoin may correct again if it fails to break $105,500. Near $104,500 is immediate downside support. First big support is between $104,200 and the trend line.
Around $103,500 is the next support. More losses might push the price toward $102,200. BTC may go below $100,500, the primary support.
The technical indications
Hourly MACD - MACD is falling in the positive zone.
Relative Strength Index hourly BTC/USD RSI is over 50.
Major Support Levels: $104,200, $103,500.
Key Resistance Levels: $105,500, $106,000.
#BTC #SaylorBTCPurchase #CryptoRegulation $BTC
Crypto payments are no longer a theory or a pilot program. They are here, and Polygon is proving that every single day. The old story was that blockchains couldn’t handle real transaction volume without breaking UX or fees.
But Polygon is settling payments at scale, quietly becoming the chain of choice for merchants, platforms, and payment providers. This isn’t a side quest, it’s the main event, and it’s accelerating fast. Hop on the payments train.
The Bitcoin community is debating BIP-177, a proposal to redefine the base unit as 1 Bitcoin instead of “satoshi” or “sat”, while keeping BTC unchanged as the currency code. Under the proposal, 1 BTC = 100,000,000 Bitcoin. Supporters argue it improves clarity and aligns better with Bitcoin’s original design. Jack Dorsey expressed support by simply posting “BIP-177” on X.
$STO HANGING BY A THREAD – WILL IT CRACK OR CLAW BACK?
$STO is trading at $0.1070, slipping -8.08% on the day. After a deep selloff from the $0.1188 high, the price has formed a tight compression zone near support. With bearish momentum still present, traders should brace for a decisive move.
Key Levels to Watch:
• Resistance Zone: $0.1090 – $0.1108
This band caps the current price recovery. A breakout above could invite short-term buying.
• Support Zone: $0.1060 – $0.1070
If this level gives out, expect fresh downside pressure.
Trade Setup – Await Breakout Confirmation:
Bullish Scenario (Upside Breakout):
A confirmed break above $0.1090 could lead to upside targets:
• TP1: $0.1108
• TP2: $0.1130
Bearish Scenario (Breakdown Warning):
Losing $0.1060 support may drag price lower toward:
• TP1: $0.1035
• TP2: $0.1010
Stop-Loss Strategy:
• Long Entry: SL below $0.1060
• Short Entry: SL above $0.1108
180.37K traded—active but lacking conviction, hinting at indecision.
#BinanceAlphaAlert
#BinanceHODLerNXPC
#CryptoRegulation
{spot}(STOUSDT)