๐จ Bitcoin Market Update โ ๏ธ
๐ธ Current Price: $103,266
๐น Resistance Zone: $102,970 โ $105,850
๐น Key Support: $100,000 โ $101,000
๐ป Deeper Support: $97,600 โ $97,800
โธป
๐ง Market Outlook:
Bitcoin is hovering just above short-term support after facing rejection near $105K. With signs of exhaustion post last weekโs rally, a retest of the $100K level looks likely if buyers donโt step up soon.
โธป
๐ Key Observations:
โ Market structure still bullish โ but hanging on critical support
โ Volume fading, indicating indecision
โ $105K rejection confirms strong resistance overhead
โ Breakdown below $100K could bring $97K into play
โ CPI data today may trigger major volatility
โธป
๐ Strategy Tips:
โข Let price come to marked zones
โข Watch for confirmed breakouts or demand reactions
โข Stay clear of mid-range traps
โข Donโt trade emotionally around CPI release
โธป
Big moves are coming โ patience & preparation = edge.
#BitcoinUpdate #BTCanalysis #CryptoTraders
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