$BTC

Chart Structure

Long-term bull bias remains strong: price respects the main uptrend from the 2020 bottom, forming higher highs/lows and retaining support well above $75k–$80k.

Recent breakout above the descending resistance from the 2021/2024 highs confirms the new ATH phase. Support/resistance zones: • $105k–108k (current resistance/new ATH range)

• $98k–100k next key resistance

• supports at $90k–92k, $82k, then $75k–78k.

RSI sits in neutral-to-bullish (~66), MACD still positive—momentum intact though consolidation may linger.

Key Catalysts to Watch

1. Macro Data: U.S. CPI/inflation prints—if lower-than-expected, it could push BTC above $112k.

2. Market Correlation: BTC’s correlation with equities might cause swings if stock markets shift.

Bullish
67%
Bearish
33%
30 votes • Voting closed