$BTC Trade Update: Consolidation Before the Next Move? đ
Entry Zone: $101,800 - $102,200
Targets: đŻ $102,850 / $103,500 / $104,200
Stop Loss: đ» Below $100,600
Market Insights:
Bitcoin is consolidating near $102,055 on the 1H chart, holding above the mid-Bollinger Band. The recent rejection at $102,850 indicates a temporary pause, but momentum remains intact with RSI at 59, suggesting room for further upside.
A breakout above $102,850 could signal renewed buying pressure, targeting $103,500 and beyond. Keep an eye on volume and manage risk with a stop loss below the $100,600 support level.
BTC remains bullishâbe prepared for its next leg higher! đ