#BTC Market Analysis# Bitcoin is currently trading at approximately 105,669 USD.
✅️Technical Indicators RSI (14): 49.69 – In the neutral zone, it does not provide overbought or oversold signals. MACD (12.26): 2,576.12 – It gives a Buy signal. Williams %R: -86.02 – In the oversold region, it may indicate a potential reversal signal. ADX (14): 24.28 – Trend strength is weak, there is no clear direction. ROC (Rate of Change): 0.19 – Slightly positive momentum. These indicators suggest that Bitcoin is currently not defining a clear direction, but is showing some signs of recovery. ✅️ Support and Resistance Levels Support: 103.159 USD Resistance: 111.722 USD Keeping the price above the level of 103.159 USD may maintain the upward potential. IT IS NOT AN INVESTMENT ADVICE
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#BTC Market Analysis# Bitcoin is currently trading at approximately 105,669 USD.
✅️Technical Indicators
RSI (14): 49.69 – In the neutral zone, it does not provide overbought or oversold signals.
MACD (12.26): 2,576.12 – It gives a Buy signal.
Williams %R: -86.02 – In the oversold region, it may indicate a potential reversal signal.
ADX (14): 24.28 – Trend strength is weak, there is no clear direction.
ROC (Rate of Change): 0.19 – Slightly positive momentum.
These indicators suggest that Bitcoin is currently not defining a clear direction, but is showing some signs of recovery.
✅️ Support and Resistance Levels
Support: 103.159 USD
Resistance: 111.722 USD
Keeping the price above the level of 103.159 USD may maintain the upward potential.
IT IS NOT AN INVESTMENT ADVICE