šŸ“Š Bitcoin $BTC Market Overview

Current Price: $105,941

24h Change: -1.53%

Intraday Range: $105,915 – $108,865

Bitcoin is currently experiencing a consolidation phase, hovering just below the $106,000 mark. Analysts suggest that BTC is maintaining a steady ascending trend after rebounding from lows below $107,000.

The Relative Strength Index (RSI) indicates that Bitcoin is approaching overbought territory, suggesting a potential for a short-term correction. However, the overall trend remains bullish, supported by strong institutional interest and positive market sentiment.