$BTC Quick Overview

Bitcoin is currently trading near $100,300 after a historic breakthrough of the psychological barrier of $100,000.

Bulls are in control and the next resistance is at $102,500, while the nearest support is at $98,700.

Technical Indicators:

RSI above 70 → Overbought, caution against corrections.

The 50/200 day moving averages are giving strong bullish signals.

Liquidity is noticeably increasing in futures contracts.

Quick Strategy:

Traders: Watch for a breakout at 102.5K to confirm momentum.

Investors: Any drop towards 98K could present an excellent medium-term entry opportunity.

Watch the news – Any major political or economic event could significantly impact BTC movement.