$BTC Sideways Drift or Next Move Loading?
Bitcoin is currently hovering at $102,963 with a slight dip of -0.70%. The 15-minute chart reflects a period of consolidation with a slight downward bias, as buyers and sellers remain in a tug-of-war near the $103K level. Despite attempts to push above $103,400, resistance is holding firm for now.
As long as BTC maintains support above $102,600, there’s potential for a short-term bounce. However, a breakdown below this level could see it test $102K or lower. Bulls should watch for a strong candle close above $103,400 for bullish confirmation.
Trade Setup:
Entry: $102,900 – $103,100
TP1: $103,500
TP2: $104,000
TP3: $105,200
SL: Below $102,500