$BTC Bitcoin (BTC) is currently trading around $108,590, with a slight increase of approximately 0.41% from the previous session.
š Quick technical analysis
- Immediate resistance ~$110,000
- Local support ~$107,800
- RSI (Relative Strength Index) in neutral territory, suggesting possible consolidation
- Relatively constant volume, with no signs of an imminent breakout
š Possible scenarios
- Bullish If BTC breaks above and stays above $110,000, it could test higher levels around $112,000ā$113,500.
- Bearish A drop below $107,500 could signal a correction towards $105,000 or even $103,500
š§ Recommendation
In a context of low volatility, it is prudent to wait for clear confirmations before opening positions. Monitor volumes and reactions at the key levels mentioned.
