$BTC /USDT BOUNCES BACK – IS THE TREND REVERSING? ...
Bitcoin ($BTC ) has made an impressive recovery, currently trading at $104,127.56, after hitting a 24-hour low of $103,137.82. The strong bounce from the key support area shows renewed buying interest, pushing BTC toward its intraday peak of $104,127.57. This sharp upward move signals that bulls are stepping in, attempting to regain control and test immediate resistance levels around $104,450.
If BTC sustains its momentum, the next key upside levels to watch are $104,800 and $105,300, where sellers may re-emerge. On the flip side, a failure to hold above $103,814 could bring BTC back to the critical support near $103,100, which must hold to avoid further downside pressure. Traders should monitor volume closely for confirmation, as a breakout above resistance could trigger a short-term bullish rally. Patience and well-placed entries will be key for maximizing profits in this volatile environment.
