On the chart $BTC , a strong impulsive growth is observed with a subsequent stop in the overheating zone.
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🔍 Key technical signals:
Price: $105,203.66 (+4.05%)
24h min/max: $99,613 – $106,074
RSI(6): 77.67 — overbought zone.
MA7 > MA25 > MA99 — strong uptrend.
The candle “shooting star” after $106K — possible reversal or consolidation.
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📉 Volume:
Significant increase in volumes at the peak — a sign of the culmination of purchases.
The last candle with a shadow on top — profit-taking.
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📊 Forecast for today:
1. Likely short-term correction to the support zone $104,000–104,400.
2. If the price does not lose $103,800 — possible continuation of the uptrend.
3. If BTC consolidates above $105,500 — signal for continuation towards $107K.
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🧭 Conclusion:
Scenario 1 (conservative): waiting for confirmation of support near $104K.
Scenario 2 (aggressive): trade on the breakout of $106K with a target of $107,200–108,000.
Attention: RSI is high — so it's not advisable to enter a position based on emotions.
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📌 Advice: It's better to wait for a correction or confirmation of a breakout than to catch peaks.
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