⚔️ $BTC at Critical Resistance – Long or Short From Here?
Bitcoin is now trading at $107,950, just below a major resistance zone at $110K. The market has tapped this level multiple times, but hasn’t broken through — yet.
Is it time to long the breakout, or short the rejection?
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🟢 Long Scenario – If Bulls Win:
✅ Break and daily close above $110K
🎯 Target 1: $112,500
🎯 Target 2: $117,000
🛡️ SL: below $107,000
This would confirm a breakout of the multi-week range and could trigger momentum buys.
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🔻 Short Scenario – If Rejected Again:
❌ Rejection below $110K + bearish engulfing candle
🎯 Target 1: $102,000
🎯 Target 2: $97,500
🛡️ SL: above $110,800
This could form a double top structure and retrace back into the range.
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🧠 Strategy:
• Don’t pre-guess — react to confirmation
• Use stop-loss and plan both outcomes
• Watch volume on the breakout attempt
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📊 Ready to long or short $BTC ?