Bitcoin (BTC) Analysis – Between Anticipation and Explosion

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Current Price: $103,000 – $104,500

Main Support: $98,000

Next Resistance: $107,000 – $110,000

Overall Trend: Upward with Temporary Consolidation Periods

1. Technical Analysis (Daily Frame):

RSI: In a moderate range (60–65), supporting continued momentum

MACD: In a positive trajectory since early May

Chart Pattern: Narrow sideways trading between 101k and 104k, which may pave the way for a strong breakout

Note: Breaking the 105k level with a clear close may push the price to 110k levels and above.

2. Fundamental Analysis:

Institutional Demand: ETF funds continue to withdraw Bitcoin from the market

Scarcity: Supply decreases after the halving, creating upward pressure

Market Confidence: Fear and Greed indicators point to "Greed," reflecting widespread optimism

Conclusion:

Bitcoin is steadily moving towards new peaks, but any temporary correction presents a medium-term buying opportunity.

Do you expect a price explosion soon? Share your opinion in the comments!

88001557774

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