Monitoring and update on the analysis of #Bitcoin $btc #Bitcoin #btc

Two days ago, we said that the closing was somewhat positive above, especially after closing above 107.270$ , and we suggested the continuity of the upward trend. Today, the price has actually surpassed all the short prices we mentioned, with excellent stability around 109.410$ at the time of writing this analysis.

Positive things:

👌Support at 107.303 held

And RSI around 58, which means there is still room for upward movement without saturation.

👌The market absorbed the correction healthily.

👌Now facing two resistances:

109.585 - 109.433, and if it closes above them, the door is wide open directly towards 114.463$ , God willing.

The closest scenario now:

👌Continuation of the upward momentum towards 114k

👌Any daily close above 110k will serve as confirmation for the new breakout.

Strong support now at $107.308, breaking it temporarily cancels the scenario.

And God knows best.