$BTC
With the decline of #BTC price to $103,000, a clear buying opportunity strategy emerges in strong support areas. Currently, the range of $102,600 - $103,500 is a strong attraction zone for traders supported by the current price. Once the rebound within this range is confirmed, one can enter at $103,200 with a stop loss at $102,500. The initial profit-taking would be at the nearby resistance of $105,000, followed by higher levels at $106,200 if the momentum continues. Using indicators like RSI and MACD is good for confirming momentum reversal, and one should ensure discipline in risk management. Trading on a swing framework allows handling the medium-term period without being preoccupied with immediate market fluctuations.
