BTC SQUEEZE BEFORE THE NEXT EXPLOSION?
BTCUSDT
109,232.4
+3.7%
Bitcoin is currently consolidating tightly around $109,500 after a strong upward spike, showing signs of a potential breakout. The price is coiling within a narrow range, with bulls defending support while volume slowly builds. A decisive move above the $110K level could trigger momentum toward the $111,500 zone, while failure to hold $109K may lead to a short-term pullback.
š Trade Setup (Long Idea):
ā¢ Entry: $109,480 ā $109,520
ā¢ Take Profit: $111,566
ā¢ Stop Loss: $108,697