$BTC TESTING CRITICAL FLOOR – HOLD OR DROP BELOW $103K?
$BTC is currently trading at $103,370, showing signs of bearish pressure after failing to hold above $104K. Sellers stepped in hard near the $104,500 level, and now bulls are trying to defend a key demand zone.
Key Levels to Watch
Resistance Zones:
• $103,750 – Immediate resistance from prior bounce
• $104,000 – Mid-zone cap
• $104,500 – Local peak and breakout level
Support Zones:
• $103,300 – Current bounce area
• $103,000 – Next key psychological support
• $102,875 – 24H low and potential flush zone
Trade Setup – High Volatility Ahead
Bullish Entry:
A confirmed break above $103,750 could lead to:
• TP1: $104,000
• TP2: $104,500
Bearish Entry:
A breakdown below $103,300 could open:
• TP1: $103,000
• TP2: $102,875
Stop-Loss:
• Bullish: Below $103,200
• Bearish: Above $103,800
$BTC is caught in a tug-of-war between bulls defending $103K and bears rejecting $104K. The next 15-minute candle could decide the breakout direction. Tight stops and fast reactions are key.