$BTC The question that doesn't want to be silenced: Is BTC going to rise or fall?

Looking at the chart, I see that BTC has a slight upward bias today. The current price is 105,987.39 USDT, marking an increase of 0.49%*.

The exponential moving averages (EMAs) are aligned in a positive trend:

- EMA(7) 105,710.17

- EMA(25) 105,481.34

- EMA(99) 104,941.85

Another important factor is the RSI at 72.95, indicating that BTC is entering an overbought zone. This may suggest a possible price correction if buying continues intensely.

However, it is essential to consider that BTC had a recent drop to 100,372.26 USDT before recovering to the current value, showing volatility. The resistance marked at 110,718.00 USDT may be a target in the short term if the upward trend continues.

If you are thinking of trading, keep an eye on the RSI overbought zone and the support around 100,372 USDT, in case there is a reversal.

Have a great end of Sunday everyone!