#BTCBreaks99K Technical Analysis
• General Trend: Strong bullish, with a clear breakout above the $100,000 level, reflecting strong buying momentum.
• Technical Indicators:
• RSI: In overbought territory, which may indicate a potential temporary correction.
• EMA50 Moving Average: The price is stable above it, supporting the continuation of the bullish trend.
• Resistance: $100,000 (psychological and technical barrier), with a possibility of targeting $110,000 if momentum continues.
• Support: $95,000, followed by $92,000 in the event of a correction.