🟩 Bitcoin ($BTC /USDT) Live Analysis: Navigating the $100K+ Terrain

🎯 Trading Strategy

Bullish Scenario:

A breakout above $110,000 with strong volume could lead to a retest of the $112,000 all-time high.

Sustained momentum may push prices towards $115,000.

Bearish Scenario:

Failure to hold the $107,000 support could see a pullback to $105,000.

A drop below $105,000 might indicate a deeper correction.

Current Price: $107,776

24h Change: +0.13%

Market Cap: $2.14 Trillion

24h Volume: $45.9 Billion

All-Time High: $112,000

🔍 Technical Overview

Support Levels:

$107,000: Recent consolidation zone

$105,000: Psychological support

Resistance Levels:

$110,000: Recent peak

$112,000: All-time high

Indicators:

RSI: Currently at 65, indicating neutral momentum

MACD: Shows a potential bullish crossover

Bitcoin has recently achieved a new all-time high, signaling strong bullish sentiment in the market. However, the current consolidation suggests traders are cautious, awaiting further confirmation before pushing prices higher. The neutral RSI and potential MACD crossover indicate a possible continuation of the uptrend, but traders should watch for any signs of reversal.