$BTC
«Pause within a big movement». What will happen to Bitcoin this week
«The structure is bullish, but volatility remains»
From a technical perspective on the daily timeframe, the structure is bullish, but volatility remains high. The price is still below the 20-, 50-, and 100-day moving averages. The RSI is in the neutral zone, indicating the possibility to move in both directions. A consolidation above $107,500 will allow a return to the desired target of $115,000.
