$BTC Analysis & Prediction ๐จ
Current Price: $104,046.48
24h High: $108,353.00
24h Low: $103,137.82
Change: -3.07%
๐ Technical Analysis:
Support Zone: $102,000 - $103,500 (highlighted in gray) โ price recently rebounded near this level.
Resistance: $106,000 โ $108,000, where sellers appear dominant.
Trend: The chart shows $BTC is testing key support levels after a sharp retracement. If buyers hold this zone, we can anticipate a recovery towards $106,500 and beyond.
๐ฎ Prediction:
Bullish Scenario: If $BTC holds the current support, a bounce to $106,500-$108,000 is likely.
Bearish Scenario: A breakdown below $102,000 could push BTC down to $100,000 psychological support.
๐ Advice:
Watch for a bounce from $103,000 levels.
Set stop-loss below $102,000 to manage risk.
Target $106,500 as the next short-term move.
๐ Stay updated for signals as the market shows signs of a reversal!