Bitcoin (BTC/USD) Update
Bitcoin is currently trading at $104,509, holding above the EMA50, which supports the bullish outlook.
The RSI is neutral, suggesting there is still room for upward movement.
BTC is currently struggling to break the $104,970 resistance level.
A strong bullish volume is needed to clear this zone.
If successful, BTC could potentially rally toward the $110,000 mark in the short term.
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