$BTC $BTC

BTC/USDT Technical Analysis: Bulls in Control 🚀

Bitcoin (BTC) is currently trading at $107,283.98, maintaining strong bullish momentum as it eyes higher levels. The price is riding an impressive upward trend, showing resilience and buyer dominance in the market.

Key Levels to Watch:

Support: $106,500 – This level has proven to be a solid floor, with buyers stepping in to defend any dips.

Resistance: $108,000 – BTC is approaching this key resistance. A breakout above could fuel a rally toward $110,000.

Strategy for Traders:

Entry: Long positions on a confirmed breakout above $108,000.

Stop-Loss: Place below $106,500 to manage risk.

Target: First target at $110,000; extended targets at $112,000 if momentum continues.

Bitcoin’s current price action reflects strong buyer interest, with volume rising as it tests resistance. A clean breakout could signal the next leg higher—don’t miss the move! 📈

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