BTC/USDT — Update (1H)
Current Price: 105,235 USDT (+1.53% in the last 24h)
Overview:
Bitcoin is showing a breakout from the local resistance zone, pushing toward a retest of 105,819 USDT — the recent 24-hour high. The move is supported by rising volume, confirming strong buyer interest.
Technical Data:
• MA(7): 104,228
• MA(25): 104,216
• MA(99): 103,930
• All moving averages are below the current price — a clear bullish trend signal.
• MACD: has crossed into positive territory, showing increasing bullish momentum.
• RSI(6): 75.12 — slightly overbought, but momentum remains strong.
• Volume spike supports the upward movement.
Key Levels:
• Resistance: 105,820 and 106,145 USDT
• Support: 104,097 and 102,050 USDT
Conclusion:
BTC has broken out of consolidation and is continuing its bullish momentum. A hold above 105,800 USDT could open the door to 106,500+. However, watch for potential short-term pullbacks due to overbought RSI before a new push higher.
