Bitcoin in the Current Market Scene

In recent weeks, there has been a gradual rise in the price of Bitcoin, driven by multiple factors:

Increasing institutional buying led by companies like MicroStrategy.

Strong technical support between the levels of $100,000 and $105,000.

Positive signals from technical momentum indicators like RSI and MACD.

However, on the other hand, concerns loom over a potential technical correction after the price reached a peak near $111,000, which could prompt some traders to reposition.