$BTC
🔍 Preliminary Technical Analysis of BTC:
✅ General Trend:
If the price is indeed $101,622, this indicates that BTC has broken its previous all-time high (~69K).
The trend will be strongly bullish, and we expect minor corrective waves followed by a continuation of the rise.
🧠 Potential Current Support Areas:
$98,000 – $100,000: Very strong psychological support.
$95,000: Potential technical support at any correction.
🎯 Future Resistance Areas (if the rise continues):
$105,000
$110,000
Then extended targets at $120K
📊 Useful Technical Indicators:
RSI: If above 70 → the price may be in an overbought zone (possible correction).
MACD: Watch for line crossovers if you are trading scalping or daily.
Moving Average 50 and 200: Having the price above these confirms the upward trend.
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💡 If you are looking for scalping/quick trading:
Follow the 5 min / 15 min / 1 hour candles.
Ensure entry points at breaking previous resistance or bouncing from strong support.
Monitor trading volume with every move.
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✅ The correct price
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