$BTC 🚀 Bitcoin Tests $104K Support Amid Market Volatility – Key Levels to Watch! 🚀

The BTC/USDT pair is trading at $104,840 (-3.53% in 24H), testing critical support after a volatile session that saw prices swing between $104,665.44 and $108,813.55 29. Here’s what traders need to know:

🔥 3 Key Drivers:

1️⃣ ETF Inflows: Spot Bitcoin ETFs recorded $79M in net inflows yesterday, marking four consecutive days of institutional demand.

2️⃣ Technical Crossroads: RSI at 42 (near oversold), but a close below $104K could trigger a dip to $103,053.64 (today’s low).

3️⃣ Market Sentiment: Fear & Greed Index at 54 (neutral), with altcoins lacking momentum.

📊 Critical Levels:

- Support: $104,000 (psychological level) – hold could spark rebound

- Resistance: $105,729.95 (today’s open) – breakout may target $108K.

💡 Pro Tip: Watch for a volume surge above $105K to confirm bullish reversal.

Did You Know? Bitcoin’s 24H volume hit $71.8B amid this retest – liquidity remains strong.

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