$BTC 📊 Price & Volume Overview

• Price is hovering around $105694, recording a slight increase of +0.22% from the previous session  .

• Daily movement: ranging from $105110 to $105904.

• Market cap is around $2.10 trillion, 24-hour trading volume is around $35–38 billion .

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📰 News & Market Factors

1. Golden Cross Pattern – a sign of a sustained rally?

BTC has just formed a Golden Cross bridge pattern (short-term moving average crosses above long-term), which usually signals a strong bullish momentum. Although it has pulled back slightly (~8–10%), this could be a correction phase before the rally continues towards a target of around $150,000 according to some analysts .

2. Head & Shoulders Pattern Warning

Some technicals believe that BTC is approaching an inverted head and shoulders pattern – if price breaks through the support zone (below ~$103k00), it could fall to $96k00, a drop of about 7%  .

3. US economic data impact

A stronger-than-expected non-farm payrolls report late last week supported market sentiment; BTC bounced and held above $105k .