#BTC110KToday?
📈 Bitcoin today: on the verge of a new record
As of 12:30 PM Kyiv time, BTC is trading at $107,438, which is +1.33% higher than in the last 24 hours. The price is approaching the historical maximum of $109,114, remaining less than 2% from it.
🔎 Key levels:
• Support: $98,000
• Resistance: $109,500 — breaking this level could open the way to $112,000.
📊 Technical signals:
• RSI is at 62, indicating a strong but not yet overheated market.
• Realized capitalization has reached a record $906 billion, indicating growing investor confidence.
💡 What this means:
Bitcoin is showing a strong upward trend, supported by institutional investments and positive regulatory news. However, considering the approach to key resistance levels, short-term fluctuations are possible.
🛡️ Remember: The cryptocurrency market remains volatile. Trade responsibly and stay updated.
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