Current price: 102,304.70 $ (↑ +0.85% over 24 hours)

High/Low today: 102,527 $ / 99,260.86 $

24h Trading volume: ~3.16 billion $ (≈31,253.6 BTC)

MA60: 101,434.47 $

What we see now:

Bitcoin is breaking above the 101.4k levels and holding above MA60 indicates there is short-term buying strength — and the increase in trading volume strengthens the credibility of the breakout. If the price can hold and close above 102.5k with higher trading volumes, this is a positive indicator for the continuation of the upward trend.

Important levels to watch:

Nearby resistance: 102,451–102,527 $ → breaking this gives us a subsequent target at 105k.

Immediate support: 101,823 — 101,434 $ (MA60).

Lower support: 99,260 $ (today's low).

Summary and advice:

The current short-term trend is upward, but we need to monitor trading volume and ensure that any breakout is accompanied by liquidity. For traders: enter after confirming the breakout. For investors: take advantage of any correction to buy gradually. Always use a defined stop loss and do not risk more than you can afford.

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