Bitcoin Continues to Rise, Breaks Above $106,000
Bitcoin's price kept going up and broke above the $106,000 resistance level during the latest trading session. This increase is supported by the price staying above the 50-day moving average and by positive signals from the RSI, even though the RSI shows it's in the overbought zone. The short-term trend is still strong and moving upward, as Bitcoin continues to follow an upward path.