š„ $BTC Teetering on the Edge? Key Levels to Watch! š„
The market is showing some indecision around current levels for $BTC. We've seen a rebound from the ~$104,000-$105,000 support zone, with price currently hovering around $106,700. Geopolitical tensions and institutional adoption news continue to be major market movers. Watch for clarity as volume and conviction will be key.
š Trading Outlook:
ā”ļø Potential long (with leverage, manage risk tightly): If we see a decisive break and hold above the $107,300 - $108,200 resistance. This could open the path towards $BTC ā¬ ļø Short setup (with leverage, clear invalidation): A firm rejection from the current resistance or a breakdown below the $104,000 support could signal further downside.
š§ Remember, this is not financial advice (NFA). Always do your own research (DYOR).
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