$BTC Technical Indicators Overview:
Trend: Bullish but showing signs of consolidation.
RSI (14): ~63 – slightly overbought, but not in extreme territory.
MACD: Still positive, but momentum is weakening.
Volume: Lower than breakout days — suggesting caution.
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Buy Signal:
Entry Zone: $97,500–$98,000 (near support)
If BTC pulls back into this zone and holds, it's a buy on dip opportunity. Look for confirmation with price bounce and increased volume.
Breakout Buy: If BTC closes above $100,500 with strong volume — suggests momentum for a rally toward $103K–105K.
Key Levels to Watch:
Resistance: $100,500 / $102,000
Support: $97,000 / $94,000
Trend Bias: Bullish short-term; Neutral to Bullish mid-term
Strategy Note:
Scalp and intraday traders should stay nimble. Range between $97K–$100.5K likely to hold short-term unless a strong catalyst breaks the range.