$BTC

BTC

90,521.55

-1.02%

current price is $105,479.70, showing a 1.83% increase. The cryptocurrency has been experiencing an upward trend, with its price rising above $106,000 earlier today.

Key Levels to Watch

Resistance: $106,482

Support: $105,000

Technical Analysis

The hourly chart shows a false breakout of the local resistance at $106,482. If the daily bar closes far from it, traders may witness a correction to the $105,000 mark. The volume remains low, indicating that none of the sides is ready for a sharp move.

Market Sentiment

The crypto market is mainly green today, with Bitcoin leading the charge. The Market Fear & Greed Index stands at 29 (Fear) out of 100, indicating cautious optimism.