$BTC Here is an updated technical analysis for Bitcoin (BTC) until mid-May 2025:
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📈 Current Price Overview
Current price: approximately $103,851.
Highest price of the day: $104,104.
Lowest price of the day: $101,760.
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🔍 Technical Analysis
Moving Averages:
SMA 50: approximately $92,251 (Sell signal).
SMA 200: approximately $83,885 (Sell signal).
EMA 200: approximately $79,519 (Buy signal).
Relative Strength Index (RSI): approximately 42.66, indicating a neutral market condition.
Support and Resistance Levels:
Support: $93,780.
Resistance: $107,000.
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🧠 **Factors