Bitcoin is at a critical moment of the bull-bear game!
Is the bull charging fiercely, fully attacking the resistance level of 105,000, with a target straight at 130,000 dollars? Or is the bear making an effort, smashing through the 100,000 threshold, heading straight for 83,000?
From a technical indicator perspective, the 20-day moving average has risen to 99,750 dollars, and the RSI has entered the overbought zone, showing that the bulls have the upper hand. If it stabilizes above 105,000 dollars, it is expected to challenge 109,588 dollars, and after breaking through, it may head straight for 130,000 dollars.
But the bears also have the potential to counterattack, constantly trying to break through the 101,000 mark. If they push the price back below the 20-day moving average, the market may dip to the 50-day moving average of 90,997 dollars, heading straight for 83,000. #山寨季何时到来? $BTC