🔥 $BTC Daily Update – Strong momentum above 103k!
As expected, BTC is holding strong above the key 100k level and now grinding around 103k with solid momentum.
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🔸 Technical View:
• EMA(7) just crossed above EMA(25) and both pointing up → short-term trend is bullish
• Price is also well above EMA(99), which means mid-term structure is shifting positive again
• RSI(6) near 70, RSI(12) already in overbought zone, but bulls still in full control
• MACD is green and expanding → momentum is rising
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🔸 What to watch next:
• Resistance zone: around 105k, and if breakout happens, we could revisit the 109k top
• Support zone: short-term support around 102k, and deeper support near 97k
• RSI shows some potential for cooling off, so a small pullback wouldn’t surprise me – and would be healthy
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👉 My View:
BTC is looking strong right now. Momentum is back and structure looks good.
We may see some chop around 102-105k before the next push.
No need to fomo – if BTC cools down a bit, I’ll look to add more on dips around 101-102k.
Still holding spot bags and watching the breakout zone closely.
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⛔️ This is my personal view, not financial advice. Always DYOR.