Bitcoin price reached a high of $107,080 before correcting downwards, now trading below $103,500 and the 100-hourly SMA. This dip follows an upward movement above $105,500. The key resistance levels are at $104,000 and $105,000, with support at $100,000 and $88,500 if declines persist.
Breaking the resistance above $104,000 may lead to upward momentum, while failure to rise above $102,200 could prompt further declines. The technical indicators like the MACD and RSI suggest bearish momentum. The current market sentiment is mixed, eyeing the near-term performance of BTC in navigating these levels.
स्रोत: www.newsbtc.com ↗