💎🔥 Bitcoin ($BTC ) under the spotlight — a good opportunity
BTC is the foundation of the crypto market, and it continues to prove it is the king 👑
The current price is around $111,729 and we are talking about an important area from which a strong market movement could start 💪
📊 Indicator Analysis:
• RSI is close to 49 → the market is balanced, neither overbought nor oversold.
• MACD has started to give a slight positive signal 🔥
• Strong support at $109,500 and resistance around $114,800
💰 Suitable entry zones: between $110,000 – $112,000
🎯 Long-term targets:
• First target: $115,500
• Second target: $119,000
• Third target: $124,000
• Fourth target: $130,000
🛑 Stop loss: break below $107,000 with a daily close
⚠️ Warning and advice: the market is currently volatile, so try to enter in batches and monitor the indicators continuously.
Bitcoin always proves to be the leader, so stick to risk management ✅