Bitcoin is currently trading near $104,674, showing signs of consolidation after a recent rally. The daily chart reveals a neutral RSI at 50.56, while the Stochastic Oscillator is in the overbought zone, suggesting caution. Support around $100,000 remains crucial for maintaining the uptrend, while resistance at $106,800 could trigger a bullish breakout if surpassed. The MACD shows signs of a bearish divergence, hinting at a potential pullback. Traders are advised to monitor these levels closely, as Bitcoin's technical indicators point to a possible short-term correction before the next upward momentum. Stay updated and trade wisely!
