Currently, Bitcoin $BTC is trading at $103,426.7 USDT after reaching a recent high of $110,000.
- Although it has slightly corrected, it maintains an upward trend on the monthly chart, with moving averages (MA) pointing upwards.
- The MACD shows positive strength, and the buying volume is still considerable. If it stays above the support of $100,000 and continues the momentum, BTC could again look for $110,000 and surpass that resistance.
- However, a break below $100,000 could trigger sales. In the future, as long as it maintains its upward structure, the outlook remains optimistic with the possibility of new all-time highs.
