The Bitcoin price fluctuated in a narrow range near the 106,000 level 😊. After touching the 106,800 level, it failed to break through the 107,000 resistance level and subsequently fell back to consolidate near the 106,200 level 😐. Shortly after, the bulls regained momentum, pushing the price rapidly higher to hit a high of 109,410 🚀! Currently, the price is consolidating near the 109,100 level 🔄.
From a technical perspective, the 107,000 resistance level has turned into support after being broken, with short-term momentum favoring the bulls 👊. If the price can hold above 109,000, it may further challenge the psychological barrier of 110,000 🌟. However, caution is warranted regarding potential pullbacks from high levels 🚨. Key support below lies in the 107,000–106,200 range ⚠️.
For trading strategies: Short-term traders may consider light-position entry after the price stabilizes above 109,000, targeting 110,000 🎯. If the price pulls back and holds at the 107,000 support level, dip-buying opportunities may emerge 💰. Medium-term investors should adjust positions flexibly based on whether the 110,000 level is breached 📊.
Overall, market sentiment remains optimistic 😃, but attention should be paid to trading volume confirmation and unexpected news events 📢. Strict risk control and cautious operations are recommended ⚖️!
Buy@108000-108500
tp:109500-110500
Professional trading strategies are pushed daily 📊
Lock in precise signals amid market fluctuations 🚀
Confused about market trends? Stuck in strategy bottlenecks?
Real-time strategies serve as your "trading compass" 🌐
From trend analysis to entry/exit points, dissect market logic comprehensively
Refer now 📲
Help you move steadily forward in investments ✨
👇👇👇
t.me/+87ivNjNupd42Mzg8
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/+87ivNjNupd42Mzg8
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/+87ivNjNupd42Mzg8
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.
t.me/+87ivNjNupd42Mzg8
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/+87ivNjNupd42Mzg8
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/+87ivNjNupd42Mzg8
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.