BTC: Testing $106,000 Resistance
🔥 FinCaesar's Strategy:
🩸 Long: Above $106,000, targeting $110,000 and $115,000. BTC is comfortably above its 200-day EMA (around $79,500), suggesting a strong bullish foundation. The MACD is building positive momentum, pointing to further upside if buyers maintain pressure.
🩸 Short: Below $100,000, aiming for $95,000 and $90,000. A break under $100,000 could trigger a sharper sell-off, particularly if the MACD flips bearish.
🔥 FinCaesar’s Commands:
🩸 Resistance: $106,000–$107,000 — Clearing this zone may confirm renewed upside.
🩸 Support: $100,000 — Losing this critical level could open the path toward lower targets.
Bitcoin is regaining traction after recent volatility. With the price reclaiming higher support zones and the MACD turning positive, bullish sentiment appears intact. However, failure to push above $106,000–$107,000 could invite sellers to test $100,000. Watch volume levels for signs of sustained buying interest.
👑 "A strategic mind converts patience into profit." — FinCaesar
🩸 Long: Above $106,000, targeting $110,000 and $115,000. BTC is comfortably above its 200-day EMA (around $79,500), suggesting a strong bullish foundation. The MACD is building positive momentum, pointing to further upside if buyers maintain pressure.
🩸 Short: Below $100,000, aiming for $95,000 and $90,000. A break under $100,000 could trigger a sharper sell-off, particularly if the MACD flips bearish.
🔥 FinCaesar’s Commands:
🩸 Resistance: $106,000–$107,000 — Clearing this zone may confirm renewed upside.
🩸 Support: $100,000 — Losing this critical level could open the path toward lower targets.
Bitcoin is regaining traction after recent volatility. With the price reclaiming higher support zones and the MACD turning positive, bullish sentiment appears intact. However, failure to push above $106,000–$107,000 could invite sellers to test $100,000. Watch volume levels for signs of sustained buying interest.
👑 "A strategic mind converts patience into profit." — FinCaesar
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.