In the last 24 hours, BTC has risen from $104,402 to $105,913, marking a slight increase of +0.6% with a daily trading range between 104.4K – 106.0K.

🔍 Technical Indicators:

RSI (~60): Moderate, indicating the possibility of continued positive momentum before reaching the overbought area.

MACD: Reflects positive convergence, enhancing the chances of a short-term upward wave.

Moving Averages: The price is above EMA20 and EMA50, and the proximity to EMA99 indicates a balance between upward movement and corrective pressure.

🏛 Support and Resistance:

A strong support level around 104,400 is considered a good absorption point for corrections.

Potential resistance near 106,100–106,600, breaking it could open the way to a new target of 109,000.

💡 Conclusion:

Bitcoin is in a strong position, with clear upward opportunities if it maintains the monthly support. The indicators support moderate positive momentum, and a good entry point ranges between 104.5–105K, with a target above 106.5K.

🚀 Motivational Advice:

Invest wisely, take advantage of minor corrections to strengthen your positions, and set a stop-loss below 104,400 to preserve capital. The peak is ahead of you, strive to achieve it!

✨ Share your opinion: Do you see a new breakout?