$BTC is in a bullish trend with prices strengthening above the EMA and supported by the Parabolic SAR, but overbought conditions are indicated by the Bollinger Bands and Stochastic Oscillator, which could trigger a correction.

Key levels for correction are in the Fibonacci zone of 50% (106,298.50) to 61.8% (104,996.84). If it fails to hold above 106,298.50, a deeper correction could occur.

High volatility (ATR 2,760.05) should also be watched as it could exacerbate price movements.#BTC110KSoon? #BTC