On Sunday morning, Bitcoin continues to capture attention as it holds above the $107,000 level, after having reached a new all-time high of $110,524 earlier this month. Despite a slight pullback today — with the price down approximately -1.1% — the overall trend still shows strong bullish momentum.
However, there are signs the market may need a short breather. The Relative Strength Index (RSI) is nearing the overbought zone, suggesting the potential for a brief correction or natural profit-taking after the recent surge.
From a technical standpoint, there is strong support between $100,000 and $107,000. If Bitcoin manages to break through the next resistance zone — estimated between $116,000 and $128,000 — we may see another wave of bullish momentum, possibly pushing toward the $120,000 mark in the coming days.
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