š Bitcoin $BTC Market Overview
Current Price: $105,941
24h Change: -1.53%
Intraday Range: $105,915 ā $108,865
Bitcoin is currently experiencing a consolidation phase, hovering just below the $106,000 mark. Analysts suggest that BTC is maintaining a steady ascending trend after rebounding from lows below $107,000.
The Relative Strength Index (RSI) indicates that Bitcoin is approaching overbought territory, suggesting a potential for a short-term correction. However, the overall trend remains bullish, supported by strong institutional interest and positive market sentiment.