Technical analysis of Bitcoin (BTC) with current figures around $97,000:

📉 Recent News:

China: Restrictions continue to pressure the market, but Bitcoin maintains its resilience.

U.S.: Institutional adoption and favorable regulation continue to drive the cryptocurrency.

💥 Technical Analysis of Bitcoin (BTC) with Optimal Figures:

1. Key Supports and Resistances:

Support: $90,000 and $85,000 (in case of correction).

Resistance: $100,000 (key psychological level) and $105,000-$110,000 (new resistances).

2. Technical Indicators:

RSI: If it stays near 70, Bitcoin could be in overbought territory, suggesting short-term corrections.

MACD: Will remain in positive territory as long as the upward trend continues.

📈 Possible Scenarios:

If the price exceeds $100,000, Bitcoin could continue its rise towards $105,000-$110,000.

If it faces resistance, $90,000 will be a good support and could generate a bounce.

Thank you for your continued support! 🌙

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