Bitcoin

Bitcoin (BTC/USD): Volatile Range with Key Support Retest

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🔥 FinCaesar Strategy:
🩸 Short: Below $100,750, targeting $98,500 and $96,000. The MACD is showing weak momentum, and price action suggests lower highs, increasing bearish risk.
🩸 Long: Above $102,900, aiming for $104,000 and $107,000. A break above this level with strong volume could push BTC into a bullish reversal.

🔥 FinCaesar Commands:
🩸 Resistance: $102,900 — A breakout above this level could accelerate buying momentum towards $104,000 and higher.
🩸 Support: $100,750 — A failure to hold this level could lead to another retest of the $98,500 region.

Bitcoin is currently trading in a highly volatile range, bouncing between key resistance and support. The 1-hour MACD is mixed but leaning towards a potential bullish crossover. However, the price remains below key moving averages, signaling uncertainty. Bulls must reclaim $102,900 for upside continuation, while bears will defend this level aggressively.

👑 "In the battlefield of markets, hesitation is defeat." — FinCaesar

Penafian

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