$BTC Bitcoin remains strong above the $100,000 mark, showing resilience despite recent profit-taking.
Currently trading near $102,486, $BTC recently hit a high around $105,819 but pulled back slightly, testing support near the 7-day moving average at approximately $103,541. The 25-day MA at $97,409 remains a solid lower support zone. RSI near 58 suggests momentum is neutral to bullish but cooling off slightly.
Traders should watch for a bounce from the current support level or a breakdown below $100,000, which could invite short-term selling pressure. Volume trends indicate moderate participation, so confirm moves with increasing volume. Risk management with stop losses remains critical given potential volatility around key psychological levels.
Stay disciplined and follow price action closely for next directional clues.
