Bitcoin (BTC)#bitcoin – Order Points, Support & Resistance Levels

🔹 Current Price & Market Sentiment

BTC Price Today:#btc Around $112K–$113K.

The market has seen about a 4% decline in the past week, suggesting either consolidation (sideways movement) or a potential trend reversal.

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🔹 Key Support & Resistance Levels

Support Zones (Buy Levels):

$100,000 (historical strong demand zone)

$107,000 (near 50-day Moving Average)

Resistance Zones (Sell Levels):

$112K–$113K (current resistance area)

$146,400 (next major upside target if breakout happens, ~32% higher)

🔹 Technical Indicators & Signals

1. TradingView Signals

Daily: showing Sell

Weekly & Monthly: showing Buy (mixed sentiment).

2. Support & Resistance

Buyers dominate at support (price tends to bounce).

Sellers dominate at resistance (price struggles to rise further).

3. Fibonacci Retracement

Key levels (61.8%, 38.2%) often indicate reversal or continuation points.

4. Supertrend Indicator

Green line below price → Uptrend (Buy signal)

Red line above price → Downtrend (Sell signal)

🔹 Entry & Exit Strategy

Action Price Range / Level Reason / Indicator

Buy Entry $100K – $107K Support zone, 50-day MA

Sell Exit $112K – $113K Resistance / recent price action

Upside Target Up to $146,400 If strong breakout occurs

Confirmation Tools RSI, MA crossover, Fibonacci, Supertrend To avoid false signals

🔹 Summary

Buy near supports → $100K–$107K

Sell near resistance → $112K–$113K

If breakout succeeds → Next target ~$146K

Always confirm with indicators (RSI, MA, Fibonacci, Supertrend).