Bitcoin continues to show remarkable strength, crossing above the $105,000 mark even as it records a slight 0.12% dip in the past 24 hours. Far from a red flag, this appears to be a healthy consolidation — possibly the calm before another bullish storm.
📊 Market Overview
Current Price: ~$105,120
24H Change: -0.12%
24H High / Low: $106,420 / $104,230
Market Cap: $2.05+ Trillion
24H Trading Volume: $39.6 Billion
📈 Technical Highlights
✅ Trend: Still bullish — higher lows holding strong on 4H and 1D
🛡️ Support Levels: $104,000 and $101,800
🚧 Resistance Zones: $107,500 and $110,000
📉 RSI: Cooling at 64 — room for upward momentum
📊 MACD: Positive and stable — buyers still in control
🧠 Key Insights
🔁 Small dips like this often signal healthy consolidation, not weakness
📉 Volume remains steady — no signs of panic sell-offs
🏁 Holding above $105K confirms strong market sentiment
🔥 Fueling the Bitcoin Surge
🏦 Institutional Demand: ETFs & funds continue accumulating
🧮 On-Chain Data: Fewer coins on exchanges, more in cold wallets
🌐 Global Trends: Economic uncertainty driving crypto adoption
⚡ Network Strength: Hashrate remains high, backing miner confidence
📌 Final Takeaway
Bitcoin is showing resilience and poise above $105,000. As long as bulls protect the $101K–$102K zone, momentum remains upward. A close above $107.5K could spark the next major rally toward $115K and beyond
Stay sharp — the next breakout might just be around the corner.