$BTC

Bitcoin's current price is $107,019.95 with a 1.97% increase in the last 24 hours. Here's a breakdown of the analysis:

- *Key Levels:*

- *Resistance*: $107,979.94 and $102,595 are key resistance levels to watch

- *Support*: $104,631.05, $103,008.49, and $94,273 are crucial support levels

- *Trend Analysis:*

- Short-term: Bearish outlook with potential drop in price

- Medium-term: No change, but remains downward

- Long-term: Bullish continuation pattern confirmed after ascending triangle breakout

- *Indicators:*

- RSI: 50.32 (Neutral)

- MACD: Negative and below signal line, reinforcing bearish sentiment

- Moving Averages: Trading below 20-period MA ($85,622) but above 50-period MA ($85,496)

- *Trading Strategies:*

- *Buy*: Consider buying above $85,800.64 with targets at $88,390 and $89,350

- *Sell*: Consider selling below $85,799.24 with targets at $83,580 and $82,610

- *Breakout*: Watch for a breakout above $102,595 to target $105,000 or a breakdown below $94,273 to target $90,000

Keep in mind that cryptocurrency markets are highly volatile, and it's essential to manage risk and stay informed.