đč Bitcoin Technical Update
Bitcoin is holding near $108,700, with traders watching key levels closely.
đ Key Levels
Support zones: $107,000 and $100,000 (major safety net)
Resistance: $113,500 â $117,000 â $123,000
⥠Spot Entry Ideas
â Conservative Buy: $107Kâ$108K, if price bounces with strong volume
â Aggressive Buy: $100K retest with bullish confirmation
â Breakout Buy: Above $110K with momentum
đŻ Exit Zones
Take profits around $113,500 â $117,000
Hold runners toward $123,000 if momentum extends
đ Note: RSI divergence shows weakening momentum, but patterns like a possible cup-and-handle point to upside if support holds.
â ïž Always confirm entries with volume and set stops below support to manage risk.
âš BTC is at a crossroads: hold support and we may see $117Kâ$123K, lose it and deeper dips are likely.
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