$BTC /USDT ā Bulls Regaining Momentum!
š Bitcoin is trading at $104,953.90, up 2.77%, after bouncing from the 24H low of $101,400.
Key Levels to Watch:
š¹ Resistance: $105,300 - $105,500 ā A breakout could lead to $107K+.
š¹ Support: $102,500 - $101,400 ā Holding above $102K is crucial for bullish momentum.
Market Insights:
BTC rebounded from $97,777.77, forming a strong upward structure.
Currently testing the $105K resistance; a breakout could trigger further upside towards $107K-$110K.
If BTC fails to hold $102K, a retest of the $100K zone is possible.
š” Traders should monitor the $105K resistance; a confirmed breakout could fuel further upside. If rejected, expect some consolidation near $102K.