💎Bitcoin Coils for a Breakout: Support at $104K, Resistance at $106K Tightens the Range🚀
Bitcoin ($BTC) is edging toward a critical move, trading within a symmetrical triangle bounded by $104,004 support and $105,951 resistance🗿. The 21-day MA caps upward momentum, while the 50-day MA holds firm below. As this structure compresses, traders brace for a breakout—or breakdown💥. A breach above $106K could ignite bullish sentiment, while a drop below $104K might spark correction. With volatility narrowing and structural tension building, the apex looms. Market participants are watching closely as the next candle may determine Bitcoin’s direction.
