$BTC
🚨 BTC Price Update – Market in Focus 🚨
Bitcoin (BTC) continues its downward slide 📉 but is showing signs of a gradual rebound. Since facing pressure at the 111,000 level, BTC has slipped to a low of 106,700 early this morning before bouncing back to the current level of around 108,000.
🔍 Recap:
Yesterday saw a sharp drop to 107,000, marking a 2,600-point decline. Traders following the trend have already secured profits 💰.
📊 Technical Overview:
Daily Chart: Still in a bearish pullback, though not steep — the downtrend continues.
4H Chart: Volatile swings with strong support at 106,700, repeatedly tested but holding firm. Resistance remains at 110,500.
1H Chart: Downward trend persists with only weak rebounds short-term.
💡 Trading Strategy:
📌 BTC:
Suggested Entry: 1083 - 1086
🎯 Target: 1060 - 1050
📌 ETH:
Suggested Entry: 2680 - 2700
🎯 Target: 2600 - 2500
Stay alert and manage your risks! ⚠️ Always trade with a strategy. 📈💼