$BTC BTC Update
Bitcoin is forming a plateau, potentially setting up for a breakout or deeper consolidation.
📉 Support: 103,500–104,000
📈 Resistance: 106,500–107,000, then 111,000+
So far, no strong reversal signal has appeared. A breakout above 106,500 with volume would suggest bullish momentum. Losing 103,500 opens the door for further downside.
📊 RSI: Currently >70 near resistance — this could strengthen the short case in the short term.
Watch for volume confirmation before entering. The range is tight, and BTC is coiling for its next move.
