๐Ÿ”ฅ BTC/USDT Quick Update โ€“ Aug 5

๐Ÿ“‰ Current Price: $112,714

๐Ÿ“‰ 24h Change: โ€“1.75%

๐Ÿ“Š Support Holding at: $112,650

๐Ÿ“ˆ MA(99): $108,259 โ€“ Major long-term support!

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๐Ÿ” What I'm Watching:

โ€ข Price below MA(25) = Short-term pressure

โ€ข MA(99) near $108,259 is key support

โ€ข RSI neutral โ€“ No extreme move yet

โ€ข If BTC breaks $115,720 โ†’ Next resistance at $118,500+

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โš”๏ธ Strategy:

๐Ÿ”ธ Buy Zone: $110,000 โ€“ $112,500

๐ŸŽฏ Targets: $115,000 โ†’ $117,500 โ†’ $120,000

โŒ Stop Loss: $107,000

๐Ÿ“† Timeframe: 2โ€“5 Days

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๐Ÿ“ฃ Opinion:

BTC may be in short-term correction, but bullish momentum is alive above $108K support. ๐Ÿ“ˆ

Breakout possible if volume spikes ๐Ÿ”Š

Patience = profits ๐Ÿ’ฐ

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