Bitcoin shows a confident recovery: the price has climbed to $105,928, gaining +0.88%. The move above EMA(25) and EMA(99) is a bullish technical signal.
EMA(7) — $105,143, EMA(25) — $105,217, EMA(99) — $105,785. All EMAs are converging, and price is attempting to hold above them, suggesting a short-term bullish trend shift.
MACD is in positive territory (MACD: 153.21), with rising histogram bars confirming growing bullish momentum.
RSI(6) is at 69.41 — nearing overbought territory but not yet signaling reversal. RSI(12) and RSI(24) also show consistent upward movement.
Volume has picked up significantly, especially in recent candles, indicating strong buying interest.
Scenario: If BTC holds above $106,000, the next target zone lies between $107,500–$108,500. On a pullback, support is expected around $104,300.
