$BTC
Bitcoin is trading around $105,420, with fluctuations between $103,000 and $111,000. The daily chart shows strong resistance at $110,000, with overbought signals on the weekly chart. The Relative Strength Index (RSI) is at high levels, indicating a potential correction towards support at $100,000. The price is moving above the moving averages (50, 100, 200), supporting the short-term bullish trend. If it fails to break through $111,000, it may retreat to $96,000. Momentum depends on news from US-China trade talks. Recommendation: Monitor support and resistance levels before making trading decisions.
