#BTCReclaims110K #BTCReclaims110K
The price of Bitcoin has strongly recovered the level of 110,000 USD this July 3, increasing by nearly 2.3%, according to Cryptotimes.
Since its low in June, when it hovered around 98,000 USD, BTC has risen nearly 90%.
Technically, it broke the resistance at 108,000 and advances with bullish signals in indicators like RSI and MACD.
Analysts highlight that if it maintains this momentum and surpasses 115,000 USD, it could head towards new highs.
The inflows via ETFs support this rally.
A consolidation channel between 102-120k defines the context, and now $BTC is positioned at the upper edge, according to Financemagnates.
In summary, Bitcoin shows a clear recovery and the market's eyes are on new historical levels.
BTC
109,012.71
-0.68%