Bitcoin
Long

Bitcoin (BTC) Market Update

56
๐Ÿ“Š Bitcoin (BTC) Market Update

๐Ÿ”น Current Price: $105,110 (+$2,545 | +2.48%)
๐Ÿ”น Daily Range: $101,423 - $105,581

๐Ÿ“ˆ Technical Overview:
โœ… Breakout: BTC has surpassed minor resistance at $102,900, confirming bullish momentum.
๐Ÿ“ Key Support Levels: $103,200, $102,000, $102,250 (critical for maintaining the uptrend).
๐Ÿ“ Key Resistance Levels: $105,000, $107,000, $108,350 (potential breakout zones).

๐Ÿ“Œ Price Projections:
๐Ÿš€ If BTC breaks above $105,500 โ†’ Next targets: $107,000 & $108,800.
โš ๏ธ If BTC falls below $102,250 โ†’ Possible retest of $95,195 before a rebound.

๐Ÿ“Š Market Sentiment: Bullish
๐Ÿ”Ž Strategy: Watch price action near $105,500 for breakout confirmation or potential pullback to support zones.

๐Ÿ”ฅ Key Takeaway: Bitcoin is showing strong upside momentumโ€”traders should closely monitor resistance at $107,000 for further gains!

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