$BTC Update

$BTC has aggressively reclaimed the key levels at 7D and 30D VWAP (102.8k and 104.4k, respectively). Immediate bullish continuation hinges on acceptance above the 30D VWAP (104.4k) towards the next key resistance at 16-day CVAH (105.7k).

Bullish scenario:

Consolidation and acceptance above 30D VWAP opens targets toward 106.3k (previous Weekly VAH), with potential rotation to the 4-day CVAH at 108.6k.

Bearish scenario:

Failure to hold above 104.0k (pMonth VWAP) risks retesting 102.8k (7D VWAP) and lower to 101.8k (16-day CVAL).

Trade Plan:

Long bias if 30D VWAP holds as support with confirmation of acceptance.

Short opportunities upon failed break above 105.7k.