#btc Here's the current price and detailed technical analysis of Bitcoin (BTC):
*Current Price:* $103,730.25
*Key Metrics:*
- *Market Cap:* $2.06 trillion
- *Open Price:* $103,631.02
- *High Price:* $104,944.57
- *Low Price:* $103,355.06
- *Previous Close Price:* $103,621.02
- *Change:* $44.23 (0.04% increase)
*Technical Indicators:*
To provide a more comprehensive analysis, let's look at some technical indicators:
- *Relative Strength Index (RSI):* Not available, but the 0.04% increase suggests a relatively stable trend.
- *Moving Averages:* Not available, but the current price is above its open and previous close prices, indicating a potential bullish trend.
*Trading Setup:*
- *Buy Signal:* Consider buying BTC if it breaks above $104,984.57, with a target price above $105,000.
- *Stop Loss:* Set a stop loss around $103,000 to limit potential losses if the price drops below its current support level.
*Support and Resistance Levels:*
- *Support Level:* $103,355.06 (current low)
- *Resistance Level:* $104,984.57 (current high) ¹