📊 Bitcoin (BTC) Technical Analysis
🔹 Current Price: ~$110,200
🔹 24h Change: +2.5%
🔹 Market Sentiment: Cautiously Bullish
🔹 Dominance: 53.8%
---
🕵️♂️ Chart Patterns & Indicators
Trend: Still bullish above $108K support
Resistance Zones: $111,500 → $113,200
Support Zones: $108,000 → $106,300
RSI (Relative Strength Index): 63 — Healthy zone, room for upside
MACD: Bullish crossover — indicating upward momentum
Volume: Slight increase, confirming bullish push
---
🔮 Short-Term Outlook (1–3 Days)
As long as BTC holds above $108K, expect retests of $111.5K and $113K.
A break above $113K could send BTC to $115,000+.
Watch for fakeouts around resistance — ideal for scalping setups.
---
🧠 Market Sentiment
Greed Index: 74 (Greed)
Traders are optimistic but cautious — most eyes are on the next Fed statement and ETH ETF inflows.
---
🚨 Key Levels to Watch
Type Level
Support 1 $108,000
Support 2 $106,300
Resistance 1 $111,500
Resistance 2 $113,200
---
⚠️ Pro Tips
Use tight stop-losses around key resistance zones.
Look for confirmations before entering long positions.
Stay alert for macroeconomic news or whale movements.