🕒 *Timeframe:* 15-Minute
💰 *Current Price:* **\$104,462**
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### 🔍 **Key Levels**
* 🔼 **Resistance Zone:** \$106,523
* 🔽 **Support Zone (Pullback Target):** \$102,900
* 🎯 **Upside Target:** \$112,000
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### 🧠 **Forecast Summary:**
Bitcoin is showing **bullish intent**, but we anticipate a **short-term pullback** to the **support level at \$102,900** before the next leg up.
**Scenario in Play:**
1. **Rejects or consolidates** near \$106,523 (resistance/liquidity sweep)
2. Pulls back toward **\$102,900** to fill imbalance and grab liquidity
3. **Launches higher** targeting the next major draw at **\$112,000**
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### 🧭 **Execution Plan:**
* Wait for **price reaction** at \$106,523 (possible short scalp or watch for reversal)
* Buy zone between **\$102,900–\$103,200** after confirmation (e.g., bullish BOS on 5M/15M)
* Target **\$112,000** as major liquidity draw and extended price delivery objective
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📌 *Bias:* **Short-Term Pullback → Bullish Continuation**
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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.