$BTC
๐ **BTC/USDT Technical Analysis** ๐
**Current Price:** $103,955.89 **(+1.44%)**
**24h Range:** $101,429.70 โ $104,976.25 | **Vol:** 21.2K BTC ($2.19B)
### ๐ **Key Indicators**
- **Bollinger Bands (20,3):**
Price near **upper band** ($109.7K) โ **bullish momentum**, but watch for resistance.
*Middle band support:* **$97.7K** | *Lower band:* **$85.6K**
- **RSI(6):** **72.36** (Overbought ๐) โ Caution for short-term pullback.
- **MACD:** **Bullish crossover** (DIF > DEA) + rising histogram โ **uptrend intact**.
### ๐ **Price Action Outlook**
- **Bull Case:** Break above **24h high ($104.9K)** โ Targets **$110K+** (upper Bollinger).
- **Bear Case:** Failure to hold gains โ Pullback to **$97.7K** (mid-Bollinger) or **$101.4K** (24h low).
- **Volume:** Slightly below MA(5) โ Consolidation likely unless volume spikes.
### ๐ ๏ธ **Trader Tips**
- **Longs:** Ride momentum but set tight stops below **$103K**.
- **Shorts:** Wait for RSI reversal signal + rejection at upper band.
- **Watch:** MACD divergence & BTC dominance shifts!
**Trade smart, stay alert!** โก #BTC #Binance
