BTCUSD: Ready to Breakout. (READ CAPTION)

Hello fellow traders!

I'm sharing my technical analysis on BTCUSD.

Market Analysis

BTCUSD is consolidating within a narrow range, preparing for its next move.

Key Levels:

Support Zone: 99000_98000

Resistance Zone: 109300

Demand Zone: 111500

Target : 107000

Trend Analysis

The trend is Neutral, but a break above 107k could trigger a bullish rally.

Trading Strategy

Buyers can look for opportunities near the support zone, while sellers can wait for a break below 99k.

Current Market Status

Current Price: $101500

Disclaimer

This analysis is for educational purposes only and should not be considered as trading advice.

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