๐ต #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
๐ต #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Letโs hear your thoughts!
4H BTC/USDT chart analysis
Trend Overview:
Current Trend: Bullish (short-term), showing higher highs and higher lows.
Market Structure: Price has broken structure (I-BoS and I-CHoCH), indicating a shift toward bullish sentiment.
Fair Value Gaps (FVG): Thereโs a Bearish FVG around the 80,000โ81,000 range, which has now been filled.
Fib Levels: Price has reacted to the 0.618 Fibonacci level, which often acts as strong resistance.
Key Levels:
Support:
0.5 Fib: ~82,000
0.382 Fib: ~80,000
Major Swing Low: ~79,000
Area of Interest (Demand Zone): 75,000โ73,000
Resistance:
Current Resistance: ~83,900 to 84,000 (near the potential target marked)
Upper Fib Level (0.786): Near 86,000
If planning a long (buy) position:
Entry: Around current price (83,200) or better: near 82,000โ82,500 on a pullback.
TP1: 84,000 (previous high / potential target)
TP2: 85,800โ86,000 (0.786 Fib level)
SL: Below 82,000 or tighter at 81,500
If planning a short (sell) position from resistance:
Entry: ~83,900โ84,000 (potential target zone)
TP1: 82,000 (0.5 Fib)
TP2: 80,000 (0.382 Fib / Bearish FVG)
SL: Above 84,300