The price of BTC today is around $102,590, after breaking the previous support at $105,000. Technical indicators show bearish momentum in the short term, with the RSI index dropping below 45, reflecting increased selling pressure. The next support is concentrated at $98,500, and if broken, we may see movement towards $95,000.
On the other hand, the nearest resistance stands at $104,200, followed by the psychological barrier at $107,000. There are no clear reversal signals yet, so traders are advised to be cautious until confirmation signals for the upcoming trend appear.
#BTC #Bitcoin #TechnicalAnalysis #Cryptocurrencies #CryptoTrading