$BTC 📉 BTC/USDT Analysis – Today's Update

The price of Bitcoin is currently trading at $108,963.92 on Binance, amidst a state of fluctuation between cautious buying and profit-taking.

📊 Technical indicators show that the RSI is approaching 60, reflecting positive momentum without being overbought.

The nearest support is at $106,800, and breaking it could push the price to test $104,500.

As for the strong resistance, it is located at $110,500, and if it is breached with a strong close, we may see targets towards $113,000.

💡 The market is waiting for important economic news, which could strongly determine the upcoming direction.

Will BTC continue to rise? Or are we facing a correction soon? Share your opinion!