#BTC #BTCLevels $BTC

* BTCTrend: The price appears to be in an uptrend within a defined channel . It has recently broken above a significant resistance level (around $106,000 - $106,144.8).

* Moving Averages: indicating bullish momentum.

Potential Levels to Watch:

For Buying (if looking for continuation

of the uptrend):

* Support 1 (Previous Resistance turned Support): The area around $106,000 - $106,144.8 is crucial. If the price retests this area and finds support, it could be a potential buying opportunity.

* Support 2 (Lower Channel Line): The lower blue line of the channel could act as dynamic support. Look for bounces off this line.

* Support 3 (Minor Retracement Levels): Other minor support levels can be found around $105,925.4, $105,792.9, $105,657.6, $105,447.0, $105,205.2, $103,907.0, $103,053.6, $103,000.0. These would be considered if a deeper retracement occurs.

For Selling/Taking Profit (if looking for a reversal or resistance):

* Resistance 1 (Upper Channel Line): The upper blue line of the channel. This is a significant resistance level. If the price reaches this line and shows signs of rejection (e.g., bearish candles, divergence), it could indicate a potential reversal or a good point to take profits.

* Resistance 2 (Previous Highs): The historical highs visible above the current price, specifically around $110,000.0 - $110,446.9. This would be the next major target if the uptrend continues strongly.

* Resistance 3 (Minor Resistance Levels): Minor resistance levels could be near $108,442.8.