Good morning, everyone! Today the talk is with those who closely follow #Bitcoin.
The $BTC started the day rising from ~ 107 k to ~ 108 k after nearly US$769 million entered ETFs yesterday, which gave a good injection of confidence. However, the price faces clear resistance at 110 k, with indicators showing possible divergences in the RSI — a pattern that may suggest a slight correction before breaking through.
It's the classic scenario for those holding positions: strong institutional entry, but the sector is waiting for technical confirmation to continue. If it closes daily above 110 k with volume, it can aim for 112–113 k; if not, pulling back to 105–107 k makes sense.
I'm holding firm and only thinking of reinforcing if I see a clean candle above 110 k. And you? Are you holding BTC or waiting for this close?
The $BTC started the day rising from ~ 107 k to ~ 108 k after nearly US$769 million entered ETFs yesterday, which gave a good injection of confidence. However, the price faces clear resistance at 110 k, with indicators showing possible divergences in the RSI — a pattern that may suggest a slight correction before breaking through.
It's the classic scenario for those holding positions: strong institutional entry, but the sector is waiting for technical confirmation to continue. If it closes daily above 110 k with volume, it can aim for 112–113 k; if not, pulling back to 105–107 k makes sense.
I'm holding firm and only thinking of reinforcing if I see a clean candle above 110 k. And you? Are you holding BTC or waiting for this close?
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BTC
109,463.29
-2.76%