#شارك_أفكارك_حول_BTC
📊 Current Status
The current price of Bitcoin is approximately $107,469, with an increase of 1.41% over the past 24 hours.
🔧 Technical Analysis
Main Resistance: $107,800, which is a critical level to confirm the continuation of the upward trend.
First Support: $104,268, which is a level near the moving averages.
Second Support: $102,943, which is a previous support level.
The Relative Strength Index (RSI) is at 56.13, indicating moderate bullish momentum without reaching overbought levels.
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💼 Influencing Factors
Institutional Flows: Bitcoin-related exchange-traded funds (ETFs) saw inflows of $588 million in one day, led by companies like BlackRock and Fidelity.
Geopolitical Developments: Ceasefire talks in the Middle East have helped ease concerns, leading to a market recovery.
Future Outlook: Some analyses predict that Bitcoin could reach levels between $112,000 and $118,500 if the bullish momentum continues.
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✅ Just an opinion and not an investment recommendation
If the price continues to trade above $107,800 with high trading volume, it may be appropriate to consider long positions with targets at $110,000 and $114,800. However, if it falls below $104,268, it may be better to exercise caution and monitor market developments.