$BTC

Bitcoin is currently trading around the $100,000 level within an upward channel, with a temporary stability at support levels of $100,642-$103,302. Technical indicators show weak momentum, as the Relative Strength Index (RSI) approaches 64, reflecting a state of consolidation. If the price breaks $99,182, it may drop to $94,635 or $77,300. On the other hand, breaking $112,006 could push the price towards $113,000-$130,000. Trading volumes are moderate, supporting the likelihood of a short-term sideways movement. It is advised to wait for confirmation of the breakout before making trading decisions, while carefully monitoring support and resistance levels.