$BTC
Should I buy Bitcoin now (~104 K USDT)?
🔧 Technical Analysis:
– The price is close to resistance ($104.5–106K), RSI is in the overbought zone — a correction is possible.
– Support is around ~$100K. MACD and SMA signal long-term growth.
– Volumes are decreasing — the market is in a phase of waiting.
📊 Fundamental:
– Bitcoin ETFs have been approved in the USA — this has increased demand.
– Institutions are entering despite partial profit-taking.
– Sentiment is 'greedy', but the market remains stable for now.
– Regulation is becoming more transparent.
✅ Conclusion:
Bitcoin remains promising for long-term investments.
Better to buy:
– either on a breakout above $106K,
– or on a pullback to ~$100K.
Sources: Binance, CoinDesk, Cointelegraph, OKX, Reuters, Fear & Greed Index.
