Bitcoin Market Pulse – $BTC Retests $104.4K Zone: What's Next for Crypto Traders?
Today, Bitcoin once again proves its volatility. After touching a recent high around $105,819, the king of crypto saw a slight pullback, currently trading near $104,476. While some might see this as market noise, experienced traders recognize this as a moment worth watching closely.
Current Market Snapshot
- High (24hr): $105,819
- Current Price: $104,476
- Key Support: $103,800
- Resistance: $106,200
The momentum is strong but uncertain. We're dancing between critical zones, and the next 24 hours could define whether we’ll break upward or sink into consolidation.
Next Move Possibilities
1. Bullish Breakout Scenario:
If Bitcoin can hold above $104,800, we may witness a breakout past $106K, with targets at $107,500+. A push above that could ignite altcoin season.
2. Bearish Rejection:
If bears step in heavily below $104K, we could see a pullback toward $103K or even $101K, especially if macroeconomic news or ETF rumors shake the market.
Market Sentiment & Indicators
- RSI: Cooling off but not oversold
- MACD: Showing convergence; no clear trend
- Volume: Declining post-peak, indicating short-term indecision
This is a time for risk-managed strategies, not FOMO trades.
My Personal Take
As a digital learner and blockchain researcher from Bangladesh, I follow every Bitcoin move as part of our real-world education. We use this market not just for profit, but for insight into the global financial revolution.
What Do You Think?
Let me know in the comments:
- Are we heading for $110K or falling back to $100K?
- Are you holding, trading, or accumulating?
Mentioning Some Great Hive Curators
Here’s hoping this post reaches these amazing curators who support knowledge and originality:
@theycallmedan | @acidyo | @ocd | @leo.voter | @curie | @threespeak
Tags
#bitcoin #crypto #trading #marketanalysis #btc #cryptobangladesh #hivebangladesh #leofinance #investing
Stay tuned for more daily updates from the ground level of digital transformation.
— Shihab, Hive Web3 Educator & Digital Farmer