$BTC Is a short-term change coming? The technical indicators are releasing strong bullish signals!
Currently, the price of Bitcoin is near the key strong support level of 107677.5, with the trading volume at this position accounting for 6.29% of the total, indicating that the buying power is relatively strong, and the support is quite stable.
From a technical perspective, the KDJ has formed a golden cross, and the short-term upward momentum is accumulating; the RSI has also broken through the upward trend line, further confirming the bullish signal. However, the medium to long-term trend remains weak, as the current price is still below the EMA24 and EMA52 moving averages.
The next key point is to see if it can hold steady at the support level of 107677.5. If it can maintain this level and then break through the resistance at 108000 with increased volume, there may be room for further upside.
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