$BTC Market Update ๐
On the 1H time frame, Bitcoin appears to be forming a bullish pattern, currently testing support levels.
๐ป After briefly dropping below the 106K zone, there's potential for further downside โ but a minor bullish rebound has been visible in the last few hours, adding some uncertainty.
๐ Key Levels to Watch:
Resistance Zones: 107K and 108K โ crucial levels BTC is approaching again.
Support Zones: 104K is critical; if it breaks, BTC could retest the 98K region.
Interim support also exists at 102K and 100K.
๐ Current Bias: Market remains sideways with no clear direction. Caution is advised until confirmation of a breakout or breakdown.
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BTC
81,220.91
+2.42%