Bitcoin is back above $105K and flexing strength as volatility tightens. The King of Crypto is showing strong technical signals that could set up the next major move.
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1. Major Support Rebound
BTC bounced hard from $102,000, reclaiming $105,300 with confidence. That clean recovery from the dip low of $101,383 shows strong buyer defense at key zones.
Support respected, bounce confirmed. đĄď¸đ
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2. RSI Nearing Bullish Control
The RSI(6) is sitting at 64.47âapproaching the overbought zone. This suggests bullish strength is building, but thereâs still room to run before overheated conditions.
Momentum building... bulls gaining steam. âď¸
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3. MACD Crossed Bullish & Rising
MACD is printing solid green:
MACD: 152.31 vs Signal: 213.52, showing strong upward crossover and follow-through.
Momentum is swinging positive, aligning with the price bounce.
Technical confidence confirmed. đâ¨
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4. Volume Confirms the Move
Volume surged to over 1K BTC per bar during the push toward $107K, showing solid trader participation. Even with a dip, the bounce-back volume remained strong.
Big players are not just watchingâthey're acting.
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5. MA(5) Turning Up Toward MA(10)
The short-term MA(5) at 2090.91 is curving upward again, about to test the MA(10) at 2364.43. A bullish crossover here would further support a continuation rally.
Golden cross potential brewing. âĄď¸âł
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Bottom Line:
BTC has shrugged off recent dips and is reclaiming levels fast. Technicals point toward a strong continuation move, especially if price holds above $105K and breaks $107.1K next.
Watch for the breakout beyond $107.3K to unlock a run toward $110K+.
Bitcoin is showing strength, and the charts are loudâare you listening?
Donât sleep on the King. đđĽ #BTCâ #BinancePizza
