#CryptoCharts101 Bitcoin in the Current Market Scene
In recent weeks, there has been a gradual increase in the price of Bitcoin, driven by multiple factors:
Increased institutional buying led by companies like MicroStrategy.
Strong technical support between levels of $100,000 and $105,000.
Positive signals from technical momentum indicators like RSI and MACD.
However, on the other hand, concerns loom about a technical correction after the price reached a peak near $111,000, which could prompt some traders to reposition.