Bitcoin is currently trading at $108,180, showing stability above the EMA50 on the 4-hour chart, while the RSI remains neutral.
BTC Chart (Source TradingView)
Key levels to watch:
- Resistance: $108,255
- A breakout above this level could push the price toward $109,000.
- Support: $106,350
- If resistance holds and price turns lower, expect a retest of this support zone.
- A break below $106,350 may open the way for a move toward $105,000.
BTC traders should keep a close eye on these levels to anticipate the next significant move.
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