📊 BTC/USDT Market Update – 4H Chart Analysis 📊
The Bitcoin market is showing signs of short-term bearishness after a sharp pullback from recent highs near $108,000. Here's a breakdown of the key zones and what traders should watch out for:
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🚨 Key Levels to Watch:
🔹 Resistance: $108,000 - $110,000
This zone saw significant selling pressure, pushing the price back down. A break above this could signal a bullish continuation.
🔹 Support: $104,270 (24h low)
If the price holds this level, we could see a bounce. If broken, the next support lies at $102,500, a critical zone for buyers to step in.
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📉 Current Sentiment:
Short-Term: Bearish ⚠️
The market has cooled off with a 2.08% decline and bearish candles suggesting sellers are in control.
Long-Term: Still Bullish 📈
This pullback could be a healthy correction, setting up for another leg up.
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🛒 Trading Strategy:
🔹 Buying Zone: $104,000 - $104,300
This is a potential dip-buy opportunity near key support levels. If the price finds support here, bulls may regain control.
🔹 Stop Loss: Below $104,000 (around $103,800)
Protect your downside—if this level breaks, sellers could push BTC to $102,500.
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💡 Takeaway:
Right now, BTC is at a make-or-break level. Watch how the price reacts at support:
✅ Hold and bounce? Long for the next move up.
❌ Break lower? Sellers could dominate, and shorting opportunities may arise.
What’s your take—are you buying the dip or waiting for confirmation? Let’s discuss! 🚀
#BTC☀ #BTCanalysis #RideTheKaiaWave #BURNGMT #TradersAnalysis
