Bitcoin has surged past $107,500, breaking a key resistance level after days of trading below $106K. The next target? The $110,000 milestone! Key Highlights:
Current Price: $107,624.45 (-0.11%)
24h Range: $106,752.36 - $108,272.45
Trading Volume: 12,870 BTC ($1.38B)
Technical Signals:
-MACD: Bullish momentum (DIF: 209.39, DEA: 73.55)
- RSI(6): 66.75 (approaching overbought)
- Bollinger Bands Upper band at $110,364.92 – a potential resistance zone.
Market Sentiment:
Traders are split! Some expect a pullback to buy lower, while others believe $110K is within reach. The Binance volume shows strong activity, with MA(5) above MA(10), hinting at short-term bullishness.
What to Watch:
- A close above $108,272 could confirm the uptrend.
- If RSI crosses 70, watch for profit-taking.
Stay tuned for updates – follow me on Binance for real-time insights! 🚀
Like this analysis? Drop a comment and follow for more!
#BinanceAlphaAlert #BinanceTGEXNY #MarketRebound #NEWTBinanceHODLer #SaylorBTCPurchase $BTC