#$BTC
BTC/USDT Daily Analysis – $110,000
Bitcoin continues its bullish momentum, currently trading at $110,000 (+2.15%). The trend is supported by rising moving averages:
MA(7): $108,896
MA(25): $103,433
MA(99): $91,145
Indicators:
RSI (6): 66.38 → Near overbought
Stochastic K/D: Showing mild bearish divergence
Key Levels:
Support: $108,800 / $106,600
Resistance: $111,980 / $112,996
Recommendations:
Consider buying on dips near $108,800–$109,200
Watch for profit-taking around $111,980–$113,000
Stop-loss: Below $105,900 for risk control
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https://s.binance.com/AD0FTPCR
Outlook: Trend remains bullish, but short-term pullbacks are possible. Monitor volume near resistance.
