🚨 $BTC /USDT Technical Analysis 🚨

Current Price: $105,786.41

🕒 4H Chart Analysis

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📊 Market Overview:

24h High: $107,793.07

24h Low: $102,621.50

1-Day Change: -1.21%

Trend: Strong uptrend 📈 but facing resistance near $108,000.

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🔵 Long Trade Setup (Bullish Bias):

Entry Level: $106,000 - $106,200 (Confirmation above current resistance)

Target 1: $108,000

Target 2: $110,000

Stop-Loss: $104,800

⏳ Ideal for traders looking to ride the continuation of the trend.

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🔴 Short Trade Setup (Bearish Bias):

Entry Level: $105,500 - $105,300 (Rejection confirmation)

Target 1: $103,800

Target 2: $102,500

Stop-Loss: $107,000

⏳ For traders expecting a correction or pullback from recent highs.

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📈 Key Observations:

BTC recently hit $107,793 but is seeing slight selling pressure.

Maintaining above $106,000 is critical for further upward movement.

A break below $105,300 could lead to a short-term correction.

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💡 Trade Smart:

Secure profits at the targets.

Use proper risk management and trailing stop-loss.

Watch for volume confirmation at key levels.

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🔗 Next Potential Targets:
🚀 Upside: $110,000 | 📉 Downside: $102,000

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#btcusdt_H1 #CryptoTrading #TechnicalAnalysis_Tickeron #TradingSignals

Bitcoin hitting a new all-time high of $107,000 is a monumental event in the crypto space, signaling heightened global interest and adoption. Here are some key takeaways:

Implications of the New ATH:

1. Market Sentiment:

A new all-time high often reflects strong bullish momentum and growing confidence in Bitcoin as a store of value and investment asset.

This could spark a FOMO (Fear of Missing Out) wave, attracting more retail and institutional investors.

2. Crypto Impact:

Bitcoin’s surge often drives the broader crypto market upward, with altcoins following suit in what’s commonly referred to as an "alt season."

3. Institutional Involvement:

Such a milestone is likely tied to increased institutional investments and recognition of Bitcoin as a hedge against inflation and traditional financial risks.

Levels :

Support: $100,000 (psychological level) – holding above this level strengthens the bullish case.

Resistance: Short-term resistance levels will emerge as profit-taking occurs, but the upward trend could continue with strong buying pressure.

What’Driving the Rally?

Macro Factors: Economic uncertainty, inflation fears, and demand for decentralized assets may be driving Bitcoin’s growth.

Effect: Anticipation of Bitcoin’s next halving event (reducing mining rewards) often contributes to price rallies.

Advice for Traders:
Risk Management: High volatility accompanies price surges, so ensure proper stop-loss and profit-taking strategies.

Chasing price action at ATHs can be risky; consider dollar-cost averaging (DCA) for long-term investments.

This ATH marks a historic moment in Bitcoin’s journey, solidifying its role in the global financial ecosystem!
#BTCNewATH #btcusdt_H1 #BCTUSDT $BTC

BTC Dominance weekly chart update:

$BTC .D has broken out a bearish rising wedge and has successfully retested the breakout levels.

If BTC.D close above the 62% resistance zone, we could see increased selling pressure on altcoins as bitcoin dominance rise further.

Wait for confirmation above these levels for potential market shifts.

DYOR, NFA
#BTC #BTCD #btcusdt_H1 #BTCdominance #DOGE $DOGE $BTC