$BTC /USDT Technical Analysis💯🔥

📊The current price of Bitcoin is $104,888.46, showing a slight dip of -1.86% in the past 24 hours. The trading volume is 34,562.85 BTC with a 24-hour high of $108,353.00 and a low of $103,137.82.

💹Technical Outlook:

The 5-minute chart reveals a recent bullish trend with a slight pullback.

📈Long Entry:

Consider entering a long position above the recent swing high around $105,000.

🛑Stop Loss:

Place a stop-loss below the recent swing low at $103,000 to manage risk.

📉Short Entry:

A short entry could be considered below the recent swing low at $103,000.

Stop Loss:

🛑A stop-loss above the recent swing high at $105,000 would be prudent.

⚠️Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.

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