Is Bitcoin (BTC) preparing for a price explosion in the coming hours?!
In recent hours, Bitcoin's movement has shown strong signals of an impending major move!
Support levels are getting stronger, and there are reports of massive liquidity entering the market...
Are we facing a rocket rise? Or is a strong correction coming?
Technical indicators hint at a golden cross in the short term, and with the increase in trading volume...
All eyes are now on the area of (enter the current approximate price).
🔍 Technical Analysis:
Support Levels:
$103,020 (Fibonacci Level 0.382)
$102,500 (Fibonacci Level 0.5)
$101,900 (Fibonacci Level 0.618)
Indicators:
Relative Strength Index (RSI) at 68, approaching the overbought area.
A bullish crossover in the MACD indicator on the four-hour chart, indicating potential upward momentum.
High trading volume of $1.8 billion between 9:00 and 10:00 AM UTC.
📈 Forecast:
If the price holds support at $102,500, we may see an attempt to break the $105,000 level again.
However, breaking support at $101,900 could lead to a decline towards $100,000.
