#uscryptoreverse $BTC As of March 6, 2025, Bitcoin (BTC) is trading at approximately $91,201, reflecting a slight increase of 0.0132% from the previous close.

Volume Analysis:

Over the past 24 hours, Bitcoin's trading volume has reached approximately $57.38 billion, indicating sustained market activity.

Relative Strength Index (RSI):

The RSI is a momentum oscillator that measures the speed and change of price movements on a scale of 0 to 100. Traditionally, an RSI above 70 suggests overbought conditions, while an RSI below 30 indicates oversold conditions.

Currently, Bitcoin's RSI is above 80, signaling overbought conditions that could precede short-term profit-taking.

Key Support and Resistance Levels:

Technical analysis identifies key support levels at $92,000, $87,000, and $74,000, while resistance levels are at $98,500 and $106,000. Investors should monitor these levels for potential buying opportunities or profit-taking.

In summary, while Bitcoin's current RSI indicates overbought conditions, suggesting a potential short-term correction, the robust trading volume reflects sustained market interest. Monitoring the identified support and resistance levels can provide valuable insights for trading decisions.