Current Bitcoin Price ~106,058$ (Today's Range: 103,730–106,141$).
📈 Technical Analysis:
- Confident breakout above resistance 105–106K$ after bouncing from 100K$.
- RSI rose towards 60, and MACD showed a positive crossover; bullish momentum is reinforced.
- Next resistance: 109–110K$ → Fibonacci areas could push to 114–120K$.
- Immediate support: 105K$ → 103,850$ then the psychological level at 100K$.
🎯 Scenarios:
✅ Bullish: Continuation above 105–106K$ → Targets 109–114K$.
❌ Correction: Break below 105K$ could bring the price back to the 103–100K$ areas.
📌 Notes:
- ProCap Financial's entry with 750M$ reflects the strengthening of institutional confidence.
- The current ceasefire in the Middle East supports market risk, but any escalation could lead to a price decline.