$BTC

Bitcoin is trading around $108,500, with a strong bounce from support at $102,894 as mentioned in recent posts on platform X. Technical indicators show bullish momentum, as the price approaches resistance at $110,000. The Relative Strength Index (RSI) is at 52, reflecting improved momentum, while the MACD shows a bullish crossover. The main support is at $105,000, and if it breaks $108,114 consistently, the price may target $111,000. Forecasts suggest sideways movement with a significant rise likely soon, especially with positive news about exchange-traded funds. It is advised to monitor volumes and regulatory developments.