Post Title:

Bitcoin BTC breaks the barrier of 109,000$ – is it preparing to test $115,000?

Post Content:

In the name of Allah, the Most Gracious, the Most Merciful

Peace be upon you and God's mercy and blessings

Dear friends, here is an updated technical outlook on the movements of Bitcoin (BTC), which recently recorded $109,940.28, the highest price we have seen in a long time.

Key technical points:

Next resistance: 112,000$ then $115,000

Nearby support: 107,500$ – any drop below this level could push the price down to $103,000

Technical indicators (1-day timeframe):

RSI is in the 70 zone – indicating the beginning of a buying saturation, but not excessive.

MACD shows ongoing upward momentum.

The 50-day moving average continues to support the upward trend.

Personal analysis:

The general situation is currently positive, but it is advisable to be cautious of sudden corrections, especially when Bitcoin reaches strong resistance areas.

Will we see BTC soon at $120,000?

Share your predictions in the comments, and are you currently in the market or waiting to enter?

#Bitcoin #تحليل_فني #BinanceFeed