$BTC $BTC

BTC

105,874.11

+0.54%

📊 Daily Bitcoin Analysis 📊

- BTC fell below 105k before taking liquidity up near 106.6k, then consolidated in the middle of the range.

- RSI is very close to crossing above the signal line, which would nicely coincide with a breakout above 107k, which is the exact point of our residual liquidity at 24 hours and 1 week.

- I still expect an increase here, but I wouldn't be against a fakeout first (due to the US/China meeting), and capturing liquidity at 104-105k before rising.

Major resistance - 106.2k, 110k and 113k

Major support - 102.7k, 100k, 95k, 88-90k