Bitcoin Price Prediction
Bitcoin is experiencing a fierce battle between bulls and bears near the 20-day exponential moving average ($105,347).
If buyers push the price and sustain it above $106,800, they will gain the upper hand. This will pave the way for a rebound towards the resistance zone above $109,588 to $111,980. Sellers are expected to fiercely defend this area, as a breakout above this resistance zone could drive the BTC/USDT pair towards $130,000.
Bears must close below the support level of $103,000 to halt the upward movement. At that point, the pair could drop to the critical support level of $100,000.
