$BTC Print New All Time High at a price ranging around $110,000 per coin
Bitcoin once again makes history by breaking through a new psychological level precisely at $110,981, marking it as the latest **All Time High (ATH)** in the spot market. Currently, the price is consolidating lightly at around $110,454 with a daily increase of +3.28% and a 24-hour trading volume reaching $5.41 billion USDT. This increase occurs in a supportive macro context, as institutional capital flows strengthen through various Bitcoin ETF products and others.
Technically:
* EMA(13) – $105,149, EMA(21) – $102,706, and EMA(99) – $93,590 are all well below the current price, reinforcing a strong bullish structure
* RSI(6) is at level 83.79, indicating overbought momentum but still not showing negative divergence
* K/D/J on Stochastic is also converging in the overbought area – a signal that the market needs consolidation soon
This condition could be the early potential for continued price discovery or even a short-term retrace towards the demand area below $106,000 before continuing the rally.
Anyway, there are other views regarding $BTC such as:
The potential for short-term price adjustment is very open, but as long as strong support in the $99,000 - $101,000 area holds, the market bias remains very pro-bullish. A breakout above $111,000 could pave the way for the next technical target at $120,000.
⏳ Monitor volume and healthy corrections as opportunities, not threats. When sentiment is too euphoric, risk management becomes increasingly crucial.
Disclaimer: Not Promotion & Not Financial Advice