$BTC – Correction just below 106k 📉
#Bitcoin #BTC #BinanceSquare
📍 Current price: 105,497 USD
📈 24h Change: –0.05% (–54 USD)
📌 Intraday range: 105,110 – 106,368 USD
🧩 Context & analysis:
Bitcoin remains in a correction zone between 105–106k, showing relative calm despite macro issues.
Recent news highlights buyer resilience: gradual recovery towards 106k despite political instability in the United States
📊 Key levels to watch:
Resistance: 106,368 USD (intraday high) → a breakout above could trigger a rally towards 110k+.
Support: 105,110 USD → if this level breaks, a possible slide towards 104k–103k.
🎯 Strategy:
Scalping / day-trading: capitalize on fluctuations within the 105–106k range.
Swing / long-term: wait for a confirmed breakout above 106,368 to target 110k+.
Cautious management: place a stop if it breaks below 105,110 to guard against a decline.
💬 Question of the day:
Are you targeting a breakout towards the 110k zone or do you prefer to accumulate in this range?