📊 $BTC Technical Snapshot — Consolidation Continues Below $106K
Bitcoin is currently trading at $105,095, showing signs of consolidation after reaching a recent high of $111,980. Price action is hovering just below the EMA(7) of $105,470 and holding above the EMA(25) at $100,414, suggesting the bulls are still in the game — but losing some momentum.
🔸 EMA(7): $105,470
🔸 EMA(25): $100,414
🔸 EMA(99): $87,865
🔸 RSI(6): 52.02 – neutral zone, leaning slightly bullish
🔸 Volume is relatively low, signaling indecision in the market
The recent strong upward move from the $74K region is cooling off, and a clear breakout above $106K–$107K could trigger new momentum. However, failure to hold $105K may send price back toward the psychological $100K support.
🎯 Key levels to watch:
Resistance: $106K–$111K
Support: $100K and $97.3K
RSI flip above 55 would favor bulls again
🔁 Currently, this looks like a healthy mid-trend consolidation — not weakness. But confirmation is needed.
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