💡 Quick technical analysis:
✅ Strong rebound from the bottom! After touching a low of $102,664, BTC returned to trade above $105,000 with an upward movement indicating the return of liquidity and confidence.
✅ RSI at 51.38: Still in the neutral zone – we have not yet entered an overbought condition, meaning there is plenty of room for further increases! 📈
✅ Positive and expanding MACD! The difference between MACD and DEA is increasing in an upward manner, reinforcing the hypothesis of upcoming bullish momentum.
✅ Stochastic Indicator K = 61.56 and D = 66.14: A potential upward crossover soon could trigger a strong green candle!
✅ Nearby resistances at levels $106,193 then $108,450 — breaking them could open the way to $110,000 and higher.
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🚀 Expected scenario: $BTC
📈 If the price can break the resistance at $106,957 (the highest peak in 24 hours), the doors will open towards $110,000 and possibly $115,000 in the coming days!
📉 In case of a pullback, the area between $103,600 - $102,600 will provide strong support for another rise.
