$BTC Bitcoin is currently trading near the level of $105,000, amidst a bullish momentum supported by investor optimism. The price faces strong resistance at $106,000, and breaking through it could push it towards $110,000. Nearby support is at $103,500, and if broken, we may witness a drop towards $101,000. Indicators like RSI show an approach to overbought conditions, indicating a potential correction soon. Despite the volatility, the overall trend remains bullish. Caution is advised, and random entries should be avoided; it’s better to wait for confirmation of the trend. The market is currently sensitive to any global economic news, so always monitor the updates.
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