Bitcoin has retreated to around $104,000 after a recent sharp drop, but the key level of $110,000 remains a key resistance level. The market is showing mixed signals, with underlying on-chain indicators suggesting a strong market, while a large number of short-term profit-taking holders pose a risk.
Technical analysis:
Currently, Bitcoin is still trading sideways between $103,000 and $109,000. The key resistance levels that Bitcoin needs to watch are $108,822 and $110,550, while support levels are $1033,20 and $102,500. If the price breaks through the resistance level, it could open the door to a rise to $113,000. On the other hand, if Bitcoin falls below the support level, it could fall back to the $97,800 to $99,200 range, which the expected analysis has marked as a possible pullback area.
BTCUSD BTCUSD 
BTCUSDT BTCUSD BTCUSD BTCUSD
Technical analysis:
Currently, Bitcoin is still trading sideways between $103,000 and $109,000. The key resistance levels that Bitcoin needs to watch are $108,822 and $110,550, while support levels are $1033,20 and $102,500. If the price breaks through the resistance level, it could open the door to a rise to $113,000. On the other hand, if Bitcoin falls below the support level, it could fall back to the $97,800 to $99,200 range, which the expected analysis has marked as a possible pullback area.
BTCUSD BTCUSD BTCUSDT BTCUSD BTCUSD BTCUSD Note
Henry just released the Bitcoin trading signal. Soon, the Bitcoin price accurately hit the support target of 103320, and then quickly began to rebound. The accurate signal was once again confirmed by the market. I believe everyone has paid attention to this plan.Note
Bitcoin rebounded to 104100, and the accurate signal was once again confirmed by the market. I believe everyone has noticed this plan.Note
Have you noticed this plan?Note
If you don’t know when to buy, you can follow Henry’s trading rhythm, continue to follow or leave a message to view the latest real-time trading signals.Note
Bitcoin price is currently 104700, with room for growth of 1400 pointsNote
Henry's analysis plan was once again confirmed by the market. Bitcoin touched the precise support level of 103,320 and reversed to around 105,500, up 2,200 points. This precise plan is obvious to all traders. If you execute this plan, you will reap a good profit.
Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
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🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
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.
Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
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.