$BTC Solid prediction and Smashed $110k as I told you guys just 2 days Back ..

$BTC /USDT Market Report

1. Market Overview

Current Price: $105,220.92

BTC Volume: 12,505.73 BTC

USDT Volume: $1.31 Billion

BTC/USDT is showing continued bullish momentum after stabilizing above the $103,000 range. Current price action is pressing against key resistance near $106,000, which is a critical level for short-term trend confirmation.

2. Technical Analysis

A. Trend Overview

Short-Term Trend (15m - 4h): Bullish

Medium-Term Trend (1D): Bullish continuation with higher lows

Momentum: Positive, with increasing buyer interest and steady volume

B. Key Support and Resistance Levels

Level Type Price Level Remarks

Resistance 1 $106,000 Key psychological and technical barrier
Resistance 2 $108,000 Minor resistance zone
Resistance 3 $110,000 Medium-term target zone
Support 1 $104,500 Recent consolidation floor
Support 2 $103,400 24h low support zone
Support 3 $102,300 Previous breakout level; strong support

C. Price Momentum

Buy pressure is sustained, but bulls are struggling to clear the $106,000 mark convincingly.

A successful breakout and daily close above $106,000 would likely attract further momentum traders, possibly triggering a rally toward $108,000–$110,000.

Failure to break $106,000 may lead to short-term pullback or sideways movement between $103,500 and $105,500.

4. Sentiment and Market Outlook

The market sentiment is cautiously bullish. Technical indicators (such as RSI and MACD, though not provided in the snapshot) would likely support continuation of the current uptrend if volume sustains and price clears $106,000.

However, the inability to break through resistance could result in a brief correction or consolidation phase before the next leg up.

5. Summary and Strategy Notes

Bullish Scenario: A strong breakout above $106,000 with follow-through volume may lead BTC toward $108,000–$110,000 in the short term.

Bearish Scenario: Rejection at $106,000 could pull BTC back to test support levels at $104,500 or even $103,400.