What's up, my lovely people! 🌴 Are you ready to gossip about the serious stuff happening with Bitcoin? Because this digital cash keeps surprising us, and it seems like it wants to keep breaking ceilings!
Imagine that the price of Bitcoin has started a rise like no other, above $107,500! 🚀 This is no small thing, folks, it means it's gaining momentum and consolidating, so to speak, putting down roots to move forward. It has already tested the $108,800 zone, and although it took a breather close by, the vibe is that it wants to go for more.
Heads up! Bitcoin is dancing above $107,000, and if it stays strong, like a good Dominican at the corner store, it could make another leap. Experts, who are always on top of the numbers, say that if it breaks the barrier of $109,200, hold on tight! Because the next level in sight could be $110,000, or even $112,000! 🤯 That would be crazy!
But, as in every good merengue, there's always a 'but.' If Bitcoin stumbles and doesn't manage to pass that resistance of $108,800, it could pull back a little. The first supports, just in case it gets a little wobbly, are at $107,800 and then $107,500. So, we need to keep our eyes wide open, like an owl at night.
What is crystal clear is that the MACD (a technical indicator for the knowledgeable) is happier than a louse in a wig, gaining momentum in the bullish zone. And the RSI (another indicator) is also through the roof, above 50. Everything points to a warm environment for Bitcoin bulls! 🐂💰
So, my dears, things are heating up with Bitcoin. Will it continue its unstoppable path or take a break? Only time will tell! But in the meantime, stay alert with this thing that's moving the world!$BTC
