#BTC

🚨 BTC is currently stuck in a very narrow range:

Support below: 20-day moving average ($107,245)

Upper resistance: $110,600

This situation is like a spring compressed to its limit; it would be hard not to explode!

🟥Downside Risk Analysis

If the price breaks below the moving average of 107245 dollars, it indicates that the bulls can’t hold on.

The next stop is 104600 dollars

If it continues to lose ground, it will trigger panic in the market, directly falling back to the psychological barrier of $100,000!

The bears can just wait to see the bulls step on this foot...

🟩Upward Opportunity Analysis

But don't worry! The bulls are not to be underestimated:

As long as BTC breaks through and closes above 110600 dollars.

Will open up the upward space, with the initial target looking at the historical high of 111980 USD.

Next, challenge the "head and shoulders neckline"; once it stabilizes, a new round of bull market may begin.

Final goal: $150,000!💥

🎯Brother's summary: What to do now?

⬇️ Down
fell below 107245
Look towards 104600 → 100000

⬆️ Up
Breakthrough 110600
Impact 111980 → Break the neckline and look at 150000