📊 BTC Market Update – BTC Nex Move

Current Price: $106,187

Trend: Consolidating after recent volatility

🔹 Resistance Levels:

$108,000 – Key short-term resistance

$110,000 – Psychological barrier

$112,000 – Recent high (May 22)

🔹 Support Levels:

$104,500 – Immediate support

$102,000 – Secondary support

$100,000 – Major psychological support

📈 Analysis:

Bitcoin is currently consolidating around the $106K mark. A breakout above $108K could signal a bullish trend towards $110K and beyond. Conversely, a drop below $104.5K might lead to a retest of the $102K support level.

🧠 Strategy Tip:

Monitor trading volume near resistance levels. A high-volume breakout above $108K could confirm bullish momentum. However, low volume might indicate a potential fakeout.

Stay vigilant and manage your risk accordingly! 🚀

#BTC #Bitcoin #CryptoAnalysis #TradingUpdate