$BTC Bitcoin (BTC) is currently trading at $101,400, with a 1.96% increase in the last 24 hours. The cryptocurrency has been fluctuating between $98,500 and $104,041.25.

*Key Technical Indicators:*

- *Relative Strength Index (RSI):* 37.62 (neutral)

- *Moving Averages:* 50-day MA at $98,500 (resistance), 200-day MA at $85,000 (support)

- *MACD:* Approaching signal line, potential bullish crossover

*Support and Resistance Levels:*

- *Primary Support:* $93,000 (recent low), $90,000 (psychological level)

- *Primary Resistance:* $102,000 (recent high), $106,000 (key overhead area)

*Outlook:*

A breakout above $102,000 with strong volume could signal a bullish trend, targeting $106,000 and potentially $110,000. Conversely, a breakdown below $93,000 could indicate a bearish trend, targeting $90,000 and potentially $87,000.

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BTC
BTC
92,427.16
+2.37%