📈 $Bitcoin Key Buy/Sell Signals for Today
$BTC Bitcoin (BTC)
Current Price: $101,487
Technical Indicators:
Oversold Conditions: RSI at 25.23 and Stochastic RSI at 5.07 suggest a potential short-term bounce.
Hash Ribbons Indicator: Flashing a 'buy' signal for the third time in 2025, indicating miner capitulation may be ending.
Chart Patterns: Formation of a cup-and-handle pattern with a bullish flag; a breakout could target $110K–$144K.
Support & Resistance Levels:
Support: $100K (psychological level)
Resistance: $107.5K (key breakout zone)
Signal: Cautious Buy – Potential for a rebound, but watch for confirmation above $107.5K.