Can Bitcoin break through and reverse today? Key price levels guide the future direction 👇👇

If Bitcoin breaks through the first resistance level again today, it means breaking the downward trend line, which could become a signal for trend reversal and drive a rebound.

After the trend breakthrough, pay attention to the stability around 105 - 106K, as this is an important basis for continuing the rebound.

The premise for the rebound is to hold the key area of 99.5K; a drop to the second support level is a reasonable adjustment.

If this area is broken, keep an eye on whether the price will further decline to the 60-day or 120-day moving average.

The current trend maintains a rebound; an aggressive short-term buy point can be set at 99.5K.

A conservative buy point is at 99.5 - 98.5K; it is recommended to build positions in batches or wait until 100K stabilizes before entering.

Given that the trend is in a rebound, one can expect a trend reversal and operate from a rebound perspective.

However, be especially wary of frequent pullbacks in the 100K area due to profit-taking.

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