BitcoinLong
Bitcoin (BTC) Market Update
📊 Bitcoin (BTC) Market Update
🔹 Current Price: $105,110 (+$2,545 | +2.48%)
🔹 Daily Range: $101,423 - $105,581
📈 Technical Overview:
✅ Breakout: BTC has surpassed minor resistance at $102,900, confirming bullish momentum.
📍 Key Support Levels: $103,200, $102,000, $102,250 (critical for maintaining the uptrend).
📍 Key Resistance Levels: $105,000, $107,000, $108,350 (potential breakout zones).
📌 Price Projections:
🚀 If BTC breaks above $105,500 → Next targets: $107,000 & $108,800.
⚠️ If BTC falls below $102,250 → Possible retest of $95,195 before a rebound.
📊 Market Sentiment: Bullish
🔎 Strategy: Watch price action near $105,500 for breakout confirmation or potential pullback to support zones.
🔥 Key Takeaway: Bitcoin is showing strong upside momentum—traders should closely monitor resistance at $107,000 for further gains!
🔹 Current Price: $105,110 (+$2,545 | +2.48%)
🔹 Daily Range: $101,423 - $105,581
📈 Technical Overview:
✅ Breakout: BTC has surpassed minor resistance at $102,900, confirming bullish momentum.
📍 Key Support Levels: $103,200, $102,000, $102,250 (critical for maintaining the uptrend).
📍 Key Resistance Levels: $105,000, $107,000, $108,350 (potential breakout zones).
📌 Price Projections:
🚀 If BTC breaks above $105,500 → Next targets: $107,000 & $108,800.
⚠️ If BTC falls below $102,250 → Possible retest of $95,195 before a rebound.
📊 Market Sentiment: Bullish
🔎 Strategy: Watch price action near $105,500 for breakout confirmation or potential pullback to support zones.
🔥 Key Takeaway: Bitcoin is showing strong upside momentum—traders should closely monitor resistance at $107,000 for further gains!
📊 Alpha Bull | Daily Market Insights 🚀
Daily analysis & educational content to help you trade smarter.
Follow for key levels, trends, and actionable ideas.
Stay ahead of the herd 🐂
Daily analysis & educational content to help you trade smarter.
Follow for key levels, trends, and actionable ideas.
Stay ahead of the herd 🐂
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.
📊 Alpha Bull | Daily Market Insights 🚀
Daily analysis & educational content to help you trade smarter.
Follow for key levels, trends, and actionable ideas.
Stay ahead of the herd 🐂
Daily analysis & educational content to help you trade smarter.
Follow for key levels, trends, and actionable ideas.
Stay ahead of the herd 🐂
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.