$BTC Bitcoin presents a solid bullish structure in the short term, having successfully surpassed the key resistance of $105,000, which now acts as immediate support. The current price around $107,362 remains strong, validating a possible consolidation above this level.
The 7-day moving average (MA7) crosses above the MA25, confirming positive momentum.
The RSI at 75.86 indicates buying strength, but also warns of possible overbought conditions.
The MACD continues in bullish expansion, with positive histograms and confirmed crosses.
Growing volume, although not explosive, suggesting accumulation rather than euphoria.
Critical zone to observe:
$105,000 – $106,000 as technical support (must hold).
$109,500 – $111,000 as the next technical resistance.
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Verdict:
BTC is consolidating in a high zone, with potential extension towards $111K if the $105K support holds firm. In case of a bearish break, the first level of containment is at $100K.
