The technical indicators support the rise, while the market awaits U.S. inflation data and its impact on interest rate policy. Additionally, a trend has been observed among major institutions to accumulate Bitcoin, which boosts confidence in the market.
Advice: If the price holds at the level of $107,000, entering a buy position may be justified, while breaking below $105,000 calls for caution and waiting for a deeper correction.
Source: The analysis is based on live market data.