# Monday Market Check: Bitcoin Holding Strong Above $106K
Good morning, Binance fam! 🌅
As we kick off this Monday, June 9th, Bitcoin is showing some interesting price action around the **$106,350 level**. After touching recent highs near $112K, we're seeing some consolidation - which honestly feels healthy after such a strong run.
## What I'm Watching Today:
**Bitcoin**: Currently holding above the psychological $106K support. The fact that we're not seeing a major pullback after hitting $112K shows strong underlying demand.
**Key Levels to Watch**:
- **Support**: $104K-$106K zone
- **Resistance**: $109K-$112K (previous highs)
## My Take:
This consolidation phase could be exactly what Bitcoin needs before the next leg up. Remember, healthy markets don't just go straight up - they breathe, consolidate, and build stronger foundations.
For those asking if it's too late to buy: **Dollar-cost averaging remains king**. Whether we're at $106K or $96K, consistent investing over time tends to smooth out these short-term fluctuations.
## Monday Motivation:
Instead of trying to time the perfect entry, focus on:
- Building your knowledge base
- Setting realistic expectations
- Sticking to your investment plan
- Not letting emotions drive decisions
The crypto market never sleeps, but your strategy should be steady and measured.
**What's your game plan for this week?** Are you buying the dip, holding strong, or waiting for clearer signals?
#Bitcoin #BTC #MarketUpdate #DollarCostAveraging
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*Remember: This is my personal analysis, not financial advice. Always DYOR! 📚*
