Bitcoin Stalls At $106,000: What’s Coming Next?

Bitcoin (CRYPTO: BTC) is hovering around the $106,000 mark, sparking both bullish and cautious sentiment among traders. While some anticipate further upside, others are treating this zone as a local range to play both sides.

What Happened: Crypto trader Astronomer shared his game plan on X, outlining a dual strategy based on Bitcoin’s movement between $103,000 and $107,000.

The Setup:

• Bullish Scenario: If BTC dips to $103,000—aligning with weekend lows and weak structural zones—and forms a strong setup (like a low timeframe range sweep, …

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