$BTC BTC Short-Term Target and Analysis

As per the chart, Bitcoin (BTC) is currently trading at $103,778.50, showing a +1.30% gain. The 24h high is $104,976.25, and the 24h low is $102,451.31. The immediate resistance is around $105,819.45, which BTC failed to break recently. If the price sustains above the 7-day moving average (MA(7) at $103,690.47), the next cell (sell) target could be $106,441.58, a prior resistance level.

On the downside, strong support exists near $102,451, the 24h low. Volume momentum and KDJ indicators (K: 84.41, D: 83.53) suggest BTC is in an overbought zone, hinting at a possible short-term pullback. Traders should monitor volume and resistance closely for breakout confirmation.