$BTC /USDT: Are the bulls regaining control? 🚀
Bitcoin is recovering strongly! After bouncing back from a low of $103,068, the $BTC/USDT pair has soared above $104,000 and is now trading at $104,120. The price briefly touched $104,200, indicating renewed upward momentum on the 15-minute chart.
Building a strong base:
Thanks to strong trading volume behind this movement, reaching its daily high near $105,979, Bitcoin shows the ability to build a solid base.
What's next?
If the bulls maintain positive pressure above $104,000, they may challenge the next resistance level at $105,000, and possibly retest its highest level over the past 24 hours.
Advice for traders:
Momentum is increasing! Keep a close watch on any confirmed breakout above $104,250.
Are you ready to take off with the king of cryptocurrencies? 📈
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