BTCUSDT – Rebound from 104,200, recovery opportunity emerging

13 giu

BTCUSDT has bounced back from the 104,200 support zone with a potential double bottom pattern, signaling the return of buying pressure. The price is consolidating around the 106,000–107,000 area. If this zone holds, the probability of retesting the previous high at 110,500 is high.

The EMA34 and EMA89 are narrowing – a sign of weakening selling pressure.

Supporting news:
The Fed kept interest rates unchanged, U.S. CPI slightly declined, and capital inflows from ETFs like BlackRock are returning to the market, creating momentum for recovery.

14 giu

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