📊 Technical Analysis for BTC

Bitcoin is currently trading near levels of $112,500 after strong fluctuations yesterday.

The RSI indicator shows slight overbought conditions 🔥

Bollinger Bands are narrowing → a potential price explosion is coming 📈

Strong support: $110,800

The most significant resistance: $114,200

👀 Personally, I see that breaking the resistance could push us towards $116K, while breaking the support might open the way to test $109K.

💬 In your opinion: Will we see a strong rise this week or another decline?

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