🚨 $BTC
/USDT – Pullback or Prime Buying Zone? 🧐 -2.83% Today!
Bitcoin is dipping, currently trading at $104,530.72, down nearly 3% from its daily high. With increasing volatility and heavy volume, is this a healthy correction or the start of something deeper? Let’s break it down.
📊 Market Overview
📍 Current Price: $104,530.72
📈 24h High: $108,952.38
❄️ 24h Low: $104,500.00
🔄 24h Vol (BTC): 16,464.73
💰 24h Vol (USDT): $1.76B
📉 Technical Snapshot:
EMA: Trending down – short-term bearish pressure
Bollinger Bands: Price nearing lower band – potential for bounce
SAR: Flipped bearish
MACD: Bearish crossover – downside momentum increasing
📈 $BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $btcHolds Above $104,500):
Entry: Above $105,000
Targets: $106,800, $108,000, $109,500
Stop-Loss: $103,800
🔹 Bearish Scenario (If $btcBreaks Below $104,500):
Entry: Below $104,500
Targets: $102,000, $100,500, $98,800
Stop-Loss: $106,000
🔍 Bitcoin Market Insights
✅ Price sitting at major support around $104.5k
✅ High volume indicates institutional interest
⚠️ MACD and SAR suggest caution – momentum still weak
💡 Pro Tip:
Watch closely for a reclaim of $105,500 with strong volume – could trigger a relief rally. But a clean break below $104,500 could open the gates to $100k or lower. Be ready for both outcomes.
📢 Are you buying the dip or sitting out? Drop your strategy below! 👇
🔥 LIKE & FOLLOW for real-time Bitcoin trend updates & analysis! 🚀
#DAOBaseAIBinanceTGE #FOMCMeeting #SparkBinanceHODLerAirdrop #MetaplanetBTCPurchase #XAccountSuspended