$BTC
Current price: 106,538
Level 1 (109,303 USD): Represents a strong current resistance
Level 0.786 (101,872 USD): Recently tested as support and succeeded in holding
A fundamental upward trend in the medium to long term
All moving averages are positive
The Relative Strength Index has not yet reached the overbought zone (70), indicating the possibility of continued upward movement
Small consecutive candles have formed in the upper region, indicating a potential accumulation phase before the next movement
Important points to watch:
Main resistance area: 109,303 USD - Breaking it opens the way to reach distant targets
First strong support area: 101,872 USD - Fibonacci support 0.786
