Btc price Update and One golden opportunity for make 💰 money!!!👇

BTC/USDT Analysis: New ATH Trend

Bitcoin (BTC) has hit $104,899.79, marking another leg up towards all-time highs (ATH). A strong uptrend is visible with consistent bullish momentum.

Key Observations:

1. 24H High/Low: BTC is moving near its recent high of $106,648, confirming bullish sentiment.

2. Support and Resistance Levels:

Support: $102,000 (recent breakout level).

Major Resistance: $107,500–$110,000 (psychological zones and key price points).

3. Trend: The candles reflect a higher highs, higher lows structure, signaling continuation of the uptrend unless momentum shifts.

4. Volume: Sustained volume is critical for maintaining this breakout. Watch for volume decreases as it may signal a reversal or correction.

Trade Plan:

Long Position:

Buy Zone: Retest of $102,500–$103,000 (support level after minor pullback).

Stop Loss (SL): Below $101,000 (to avoid a breakdown).

Take Profit (TP):

TP1: $107,500 (next resistance).

TP2: $110,000 (round-number psychological level).

TP3: $115,000+ (extension in case of breakout continuation).

Short Position:

Entry: Near $106,500–$107,500 (key resistance level).

Stop Loss (SL): Above $108,000 (to avoid getting trapped in a breakout).

Take Profit (TP):

TP1: $103,000 (previous support).

TP2: $100,000 (psychological support).

Prediction and Outlook:

Bullish Scenario: If BTC holds above $103,000 and breaks $107,500 with strong volume, we could see a rally to $110,000–$115,000.

Bearish Scenario: A rejection at $107,500 may lead to a retracement toward $100,000–$98,000 for liquidity.

Recommendation:

For long trades, buy on pullbacks near support.

For short trades, look for rejections near resistance. Keep a close watch on volume and momentum indicators (e.g., RSI) to confirm trends. Proper risk management is key at these levels.

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