#Bitcoin2025
Bitcoin threatens its critical support below $107,000
Bitcoin recently broke through a historic peak of over $111,000, triggering a wave of euphoria among investors. But since that peak, the momentum seems to have faded. The queen of cryptos is now hovering around $107,000, trapped between two worrying moving averages. In this technical fog, traders are scrutinizing weak signals to anticipate the next explosion... or the next drop. What is the blockchain whispering to us today?
With these numbers:
RSI: 36.53, close to the technical oversold zone, with no clear reversal signal;
Current volume: $383.4 billion, against a historical average of $1,425.44 billion;
MACD: -755.12, confirming the absence of buyer momentum;
ADX: 37.85, highlighting that a strong trend is emerging, even though its direction is unclear;
Major technical support: $106,800, a break would open the door to a more brutal drop.