🔥🔥🔥🔥100M
💡 Quick Technical Analysis:
✅ Rocket rebound! After a significant drop to $74,508, Bitcoin has risen strongly, surpassing $100,000, showing strong buying appetite in the market.
✅ RSI is very high! The Relative Strength Index is at 82.53, indicating entry into the overbought zone — this reflects strong momentum but warns of a potential correction soon.
✅ MACD is positive! A bullish crossover between the DIF and DEA lines, and the upward momentum is still increasing, supporting the likelihood of continued positive movement.
✅ Converging averages! The convergence of MA(5) and MA(10) indicates relative stability that may pave the way for a price explosion!
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🚀 Expected scenario:
If the resistance area at $103,624 is breached, we may witness a rally towards the previous peak at $109,588 — and perhaps even $111,342!
In the event of a pullback, the $95,700 - $96,000 area may provide significant support and an entry opportunity for traders.
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🔥 Is BTC ready for the next explosion?!
With the market awaiting moves from the Fed and global news, anything is possible — opportunities are made in moments of confusion, so are you ready to pounce?
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📢 Share your opinion! Do you expect Bitcoin to breach $110,000 soon? Is this the beginning of a major bullish wave? 🚀👇
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