Bitcoin May Break Higher if $108K Clears

1 Tem

📊 Market:

BTC trades around $106,860, driven by strong ETF inflows and weaker USD ahead of Fed rate decisions.

📉 Technical:

• Resistance: $107,400–108,000 → breakout may target $110,000+
• Support: $106,500–106,800 → next at $105,500
• EMA: Price above EMA9 → short-term uptrend
• Momentum: RSI > 80, Stoch high → upside potential but overbought

📌 Outlook:

BTC could rise if $108K breaks. If not, expect a pullback to $106,800.

💡 Trade Setup:

🔺 BUY BTC/USD: $107,000–107,200
🎯 TP: 1000–2000 pts
❌ SL: $106,500

🔻 SELL BTC/USD: $108,000–108,200
🎯 TP: $106,800–107,000
❌ SL: $108,500

1 Tem

İşlem aktif

BTC has failed to maintain its upward momentum and is dropping toward the $105,000 area.

2 Tem

İşlem kapandı: hedefe ulaştı

The plan is on the right track.