Bitcoin has seen a noticeable recovery today, with its price rising to approximately $107,800 currently, recording an increase of over $2,180 (equivalent to approximately +0.02%) since yesterday's close. Today’s trading ranged between $107,975 as the highest level and $104,601 as the lowest level.
Technical analysis indicates the beginning of a higher volatility wave, as signals have appeared indicating an expansion of the Bollinger Bands accompanied by a positive signal from the MACD indicator, which often paves the way for a bullish price movement.
Bitcoin has also surpassed the key resistance levels near $106,000–$107,000 today, with an upward movement exceeding 1.3%, driven by a recovery of confidence following geopolitical tensions in the Middle East.
