Price & Volume Action: BTC is trading around $107,100, following a surge and breakout from a flag/pennant pattern—classic continuation behavior—backed by solid volume .
Moving Averages: A golden cross has formed (50-day MA crossing above 200-day MA), suggesting medium-term bullish momentum; historically, this sets the stage for upward moves .
RSI & Oscillators: Daily RSI sits in the mid‑60s (around 69), below the overbought 70 threshold, so there’s still room to climb . Most oscillators (MACD, ADX, CCI, ROC) are signaling buy .
Chart Pattern: An inverted head-and-shoulders is forming with a neckline near $113k—a breakout above that could accelerate the rally toward $137k–$140k .
Thanks for the transparency, Binance. 🙏 Hopefully these new rules help stabilize the market and protect all users. Let’s keep building stronger together! 🚀 #AlphaPoints #CryptoUpdates