Bitcoin Watch: What's Next After $100K? 🚀
Bitcoin just crossed the $100K mark again, currently trading at $103,635! 📈 Here's a quick breakdown of what's happening and what could be next:
1️⃣ Bullish Momentum – BTC is up nearly 40% from April lows, fueled by positive sentiment and recent policy shifts.
2️⃣ Key Resistance Ahead – Analysts are eyeing $107K as the next hurdle, with a potential push to $120K if momentum continues.
3️⃣ Support Levels – If BTC dips, $100K is the first support, followed by a stronger base around $92K.
4️⃣ Overbought Signals – The Relative Strength Index (RSI) is above 70, indicating BTC might be overbought and due for a short-term pullback.
5️⃣ Market Sentiment – Despite the rally, trading volumes are down, suggesting some investors are cautious.
Stay tuned, as BTC's next moves could set the tone for the broader crypto market! 💹
