๐จ $BTC
/USDT โ Holding the Line at $105K: Next Move Loading? โก
Bitcoin ($BTC) is treading carefully near $105,451, just under recent resistance at $106,488. Will the bulls push it higherโor are we gearing up for a short-term correction?
๐ Market Overview
๐ Current Price: $105,451.44
๐ 24h High: $106,488.14
โ๏ธ 24h Low: $104,964.14
๐ 24h Volume:
BTC: 8,498.03
USDT: $898.56M
๐ Technical Snapshot:
Price consolidating in tight range: $104,900โ$106,400
Resistance at $106,500
Support forming near $104,900
๐ $BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $btcHolds Above $105,200):
Entry: Above $106,500
Targets: $107,800, $109,000, $111,000
Stop-Loss: $104,600
๐น Bearish Scenario (If $btcBreaks Below $104,900):
Entry: Below $104,900
Targets: $103,800, $102,500, $100,800
Stop-Loss: $106,200
๐ Is It Time to Enter?
โ Price stability around $105K = consolidation for breakout
โ ๏ธ Watch the $106.5K levelโitโs the key resistance
โ Strong volume above $106.5K = green light for bulls
๐ก Pro Tip:
Donโt chase a breakout without confirmation. Look for volume + a clean close above $106,500 for bullish continuation. Otherwise, range trading may dominate.
๐ข Whatโs your playโscalp the range or wait for breakout? Drop your strategy below!
๐ฅ LIKE & SHARE if you want more Bitcoin trade insights like this! ๐
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