🚀 Today's Bitcoin (BTC) Technical Update – Night Market Overview

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🕒 Real-time interim price:

BTC is currently trading at $118,174, with a daily high of $124,234 and a low of $117,982.

📊 Technical Indicators:

RSI (14-day): 57.06 – It is in a neutral position, indicating neither overbought nor oversold conditions.

Pivot Points (according to TipRanks):

S1: $116,992.13

R1: $118,852.55

R2: $119,538.49

S2: $115,817.65

🔑 Support and Resistance Levels (according to Barchart):

First Support: $120,244.98

Second Support: $117,629.47

First Resistance: $124,237.08

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My Analysis (post's opinion):

BTC is currently positioned in the $118k–$120k range; it is acting as a significant support zone.

If BTC holds above $120k, there may be a risk of rising to $124k–$125k to reach the ATH (All-Time High).

Conversely, a drop below $118k could lead to a test of the lower price around $117k–$116k.

🗣 What do you think? Will BTC reach $125k this week or test $116k?

#BTC #Bitcoin #BinanceSquare #CryptoAnalysis #RSI #SupportResistance