Bitcoin / TetherUS forum
The market recently showed a strong rejection from a key support zone.
Price is now forming higher highs and higher lows confirming an uptrend
According to the trend, there is clear strength on the buy side.
🚨 UPDATE: As posted a few hours ago, BTC tested the 102,500 level, retraced to the 100,800–99,600 support zone, and has since climbed back to the 103,700 area. The CME gap has also been filled.
If the price breaks through the key 104,000 resistance, it could move toward testing the 105,000 level. However, if BTC faces rejection in the 103,700–104,200 zone, a pullback toward the 100,000 support becomes likely, with potential for further downside toward the lower support levels.
To shift the current bearish momentum, BTC would need to climb and close above the 106,000 resistance level.


