Bitcoin
Long

BTC/USD Faces Key Support—What’s Next for Bitcoin?

84
FenzoFx—Bitcoin dipped from its $112,000 monthly high, now trading near $104,900. Liquidity was swept, forming immediate support at $102,746.

Stochastic signals an oversold market, suggesting potential consolidation or an uptrend resumption. BTC/USD must close above $105,706 for bullish momentum, targeting $112,000.

A rejection at $102,746 may invalidate bullish outlooks, driving BTC toward $100,377.

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