#BTCBackto100K The BTC/USDT pair is currently experiencing a strong upward trend, trading around the $102,947 level. The RSI indicator indicates an overbought area (72.49), while the MACD indicator still shows upward momentum but has started to slow down.
Key Points:
Potential Support: $97,500 - $98,000, then $94,500 - $95,000.
Potential Resistance: Recent high (above $104,145), and the $105,000 level.
Recommendations (not investment advice):
Buy: Look for buying opportunities on rebounds from support levels with confirmation of bullish signals.
Sell: Some may consider taking profits near resistance levels or looking for bearish reversal signals