Important levels: Support: The nearest support level seems to be at $106,880 (MA25), and if this level is broken, the price may retreat towards $101,383. Resistance: The price is currently at the peak, but any breakout above $112,500 could open the door for further gains. My opinion: Bitcoin is in a very strong position right now, but the RSI at 91.30 indicates that the market is in overbought territory, suggesting the possibility of a downward correction soon. If you're thinking of selling or buying, I advise you to be cautious and set stop-loss orders at nearby support levels (like $106,880) to reduce risks.
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