$BTC USDT–BullishMomentumContinuesasBTCBreaks103K!
The BTC/USDT pair is showing strong bullish momentum today, trading at $103,367.26, up +3.60% in the last 24 hours. This surge reinforces Bitcoin’s dominance as it continues to outperform major resistance levels. Key indicators suggest further upside potential:
Moving Averages (MAs) confirm a bullish trend, with the 50-day MA (102,961.97)∗∗actingasstrongsupport,whilethe∗∗200−dayMA(99,738.84) highlights long-term strength.
Volume remains healthy at 189.19 BTC, though slightly below the 5-day average, indicating consolidation before the next move.
RSI(14) at 57.25 suggests BTC is neither overbought nor oversold, leaving room for further gains.
MACD (-7.11) shows slight bearish divergence, but if buyers sustain momentum, we could see a breakout toward
104
K
–
104K–106K resistance.
With institutional interest growing and Bitcoin’s scarcity post-halving, the path of least resistance remains UP. Are we heading for a new ATH soon? 🚀