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Bitcoin Update ā Trading Around $103K Amid Volatility & Mixed Signals š š BTC Price: $103,424 (+1.37% 24h) š 24h High: $104,305 š 24h Low: $101,760 š 10-Day Gain: +8% Bitcoin is riding a bullish wave, fueled by: š® Speculation of U.S. interest rate cuts. š¦ Renewed institutional buying in anticipation of a friendlier macro backdrop. BTC briefly touched $105,500 before cooling down due to profit-taking and waning buying pressure. š But⦠Is the Rally Losing Steam? ā ļø Double top pattern forming (similar to 2021 cycle) š Bearish RSI divergence on weekly chart. š» Declining volume raises caution flags. š” Key Levels to Watch: Resistance: $105K Support: $97K ā”ļø Breakout or breakdown here could define the short-term trend š Forecasts & Sentiment: š 5-day projection: $105,210ā$128,489 ā +24% potential. šÆ Bottom Line: BTC remains in a tight consolidation zone. Bulls are in control for now, but caution is warranted. Keep an eye on critical levels and stay alert! $BTC
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