#BTCRebound BTC short-term update

After a strong increase in $BTC following positive news from the Nonfarm index, the price has risen sharply to the 97k9 zone before falling back. On the daily chart, it is about to reach the overbought zone on the RSI.

Currently, the price remains sideways in the range of 96k2 to 97k9 and has broken the bullish trend line. In the near future, it may have a slight correction back to the previous bullish trend line at a price of 94k6 before determining the next trend.

In the long term, if $BTC continues to maintain upward pressure above the 94k5 zone, the price may rise again to the 101k5 zone. Conversely, if it breaks the bullish trend line, the price may fall sharply back to the 82k5 zone before the trend in the next period becomes clear.

With BTC dominance continuously rising, it is difficult to say that the altcoin season is approaching.$BTC