Current Situation:
BTC is trading at $103,400, confidently moving up along the trend line. However, possible corrective scenarios are highlighted on the chart in the area below the current value.
Important Levels:
Support:
$100,613 – liquidity zone and key correction level that could serve as support.
$98,879 – 50% FVG zone and deep support, important for the continuation of growth.
Resistance:
$104,088 – key resistance zone, where profit-taking may occur.
Strategy:
Two scenarios for BTC movement:
Break above the level of $104,088 with consolidation and subsequent continuation of growth.
Correction retracement in the range of $100,613 – $98,879, where one can look for points for limit buys to continue the growth.
Target for partial position fixation – resistance $104,088.