📊 Technical Analysis of BTC
Current price: $103,916.8, with a variation of +0.11%.
Daily high: $103,956.3 | Low: $103,688.2.
Moving Averages (MA):
MA (5): $103,581.3 (Buy)
MA (10): $103,482.5 (Buy)
MA (50): $103,253.6 (Buy)
🔹 All moving averages indicate an upward trend.
📈 Technical Indicators
RSI (14): 58.08 (Buy)
MACD (12,26): 145.6 (Buy)
CCI (14): 112.52 (Buy)
Williams %R: -0.273 (Overbought)
ADX (14): 25.29 (Buy)
📊 Key Support and Resistance Levels
Resistance: $104,657.8 (if BTC surpasses this level, it could test new highs).
Support: $102,745.5 (recent consolidation point).
🔮 Possible Scenarios
Bullish Scenario: BTC must break the EMA 50 at $103,600 and consolidate above the EMA 100 at $104,000 to confirm recovery.
Bearish Scenario: If BTC loses the support of $102,745.5, it could fall to $101,500, a key support level.
The market shows bullish strength, but with signs of overbought. Do you want me to delve into any specific indicator? 🚀