BTC Daily: Buyers Regain Control, but Watch 104,534

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BTC Daily: Buyers Regain Control, but Watch 104,534Bitcoin / TetherUSBINANCE:BTCUSDTAlexeyWolfHello, traders and investors! This analysis is based on the Initiative Analysis (IA) method. On the daily timeframe, the market remains in a sideways range, with an active buyer initiative targeting 116,400. Buyers managed to bring the price back into the range. If sellers defend the 104,534 level, the current move may turn out to be a level manipulation, and the price could potentially retest or even break below the local low at 98,944. Wishing you profitable trades!