$BTC

� Current Technical Analysis

• General Trend: The upward trend continues to dominate Bitcoin's movement, with trading remaining above the key moving averages, indicating positive momentum in the market.

• Relative Strength Index (RSI): After reaching overbought levels, the RSI has started to decline, which may indicate the possibility of a short-term price correction.

• Support and Resistance:


◦ Main Support: Strong support is at the $100,000 level, where it is expected to form a psychological and technical barrier in case of a price pullback.

◦ Next Resistance: The next resistance is at the $112,000 level, which represents the highest price recorded recently.

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🔸 Future Outlook

While Bitcoin shows signs of slowing bullish momentum, the overall outlook remains positive, with potential targeting of higher levels if the positive momentum continues. However, investors are advised to closely monitor technical indicators and prepare for possible price corrections.