$BTC Bitcoin's current sentiment is neutral, with a sentiment score of 70. The market is experiencing a mix of bullish and bearish signals. Here's a breakdown ¹:

- *Current Price*: $105,110, with a 2.48% increase

- *Resistance Levels*: $105,000, $107,000, and $108,350 are key resistance points to watch

- *Support Levels*: $103,200, $102,000, and $102,250 are crucial support levels to maintain the uptrend

*Market Analysis:*

- *Bullish Outlook*: Breaking above $108,000 could lead to further upside toward $124,000

- *Bearish Signal*: A drop below $92,000 would raise concerns about potential bearish action

- *Volatility*: Decreasing volatility indicates Bitcoin is building momentum for a major move

*Technical Indicators:*

- *RSI*: 62.09, indicating a slightly overbought condition

- *MACD*: Below the signal line, suggesting bearish momentum in the short term

- *DMI*: Strong trend with an ADX of 41.89, indicating bullish momentum

*Price Projections:*

- *Upside*: Breaking above $105,500 could lead to targets at $107,000 and $108,800

- *Downside*: Falling below $102,250 could result in a retest of $95,195 before a rebound ² ³