$BTC price is currently trading above all key moving averages, signaling strong bullish momentum. If BTC breaks above $105,800, it could test the psychological $106,000 level. A rejection could lead to a pullback toward $104,800 support.

The bullish momentum remains strong, but watch for resistance near $105,800-$106,000.

A break above $106,000 could lead to a further rally, while a rejection might cause a short-term pullback.

Trading Strategy:

Bullish Bias: Consider long positions above $105,800 with a target of $106,500.

Caution for Pullbacks: A drop below $104,800 may lead to $103,900 support.

Support & Resistance Levels

Immediate Resistance: $105,805.60

Next Major Resistance: $106,000

Immediate Support: $104,882.52

Stronger Support: $103,959.45

#BTCNextATH #MicroStrategyAcquiresBTC