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Bitcoin Price Breakout Looms: Charts Signal Run Toward New ATH Newsbtc 1 सप्ताह पहले

Bitcoin Price Breakout Looms: Charts Signal Run Toward New ATH 📈

Bitcoin has initiated a fresh upward move, clearing the $106,000 zone, and showing potential for further growth toward the $110,000 mark. BTC's price movement from the $102,000 resistance zone suggests bullish momentum.

Currently trading above $105,500 and the 100 hourly Simple moving average, Bitcoin sees immediate resistance around $107,000. A key resistance lies near $107,500; breaking it may propel Bitcoin to test new heights at $110,000. However, failure to surpass $107,000 could trigger a downside correction toward the $102,500 support level.

The technical indicators like MACD and RSI are signaling strong bullish activity, supporting potential gains.

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