$BTC
/USDT Technical Update – What’s Next for Bitcoin?
Bitcoin is currently trading around ₹111,335 on Binance with strong bullish momentum and solid trading volume.
Chart Insights:
BTC recently hit a 24h high of ₹111,980.
Strong breakout observed above ₹103,000 resistance.
Immediate support zone: ₹107,650
Next possible target: ₹115,000 – ₹118,000 if momentum continues.
For Short-Term Traders:
If you entered around ₹103K–₹107K, consider partial profit booking near ₹112K–₹115K.
For Swing/Positional Traders:
As long as BTC holds above the ₹107K support zone, bullish bias remains intact with potential targets near ₹120K+.
Caution:
RSI is approaching overbought levels. Watch for any reversal signals or volume drops. Always trade with a stop-loss.