$BTC Technical Analysis for Today
Today, December 13, 2024, Bitcoin (BTC) movement showed strong positive signs as it continued to rise above critical levels such as $98,000, which reinforces the bullish scenario that may reach $104,060 as the next target. Technical analysis shows that moving averages and key indicators such as MACD and RSI support a “strong buy” stance, a trend that has been ongoing for the past few days.
However, stability above $98,000 is still required to ensure the continuation of the bullish trend, as any break of this level may return the market to the negative correction scenario. The near-term outlook depends on the continuation of the current momentum and investors’ interest in the clear support and resistance levels.
If you are an investor, the current situation shows the potential for an upside, but caution is required due to the high market volatility in this sector.
