Bitcoin ($BTC ) has seen a modest price change of 0.499% over the past 24 hours.
Trading within a range of 110529.18 to 108530.4, it currently rests near significant resistance at 110529.18.
The RSI sits at 56.98, indicating a neutral zone, suggesting neither overbought nor oversold conditions.
Market sentiment remains undefined, indicating traders are cautious but watchful of price action.
If BTC approaches resistance, a breakout could lead to bullish momentum, while a rejection may push it down towards support at 108566.14.
Keep an eye on regulatory news and macroeconomic factors that could influence future movements.
