Follow-up and update on #Bitcoin analysis $btc #Bitcoin #btc

Two days ago, we said that the closing was somewhat positive above, especially after closing above 107.270$ , and we expected the upward trend to continue. Today, the price has actually exceeded all the short prices we mentioned, with an excellent stability around 109,410$ at the time of writing this analysis.

Positive things

👌 Support at 107,303 held

And the RSI around 58, meaning 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 most likely 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.