Bitcoin price has experienced a decent increase, surpassing several resistance levels and settling in a positive zone. It faces hurdles near the $106,500 zone, but a close above the $107,000 resistance could lead to further gains. On the downside, immediate support is near $103,500, with major support at $102,500. Technical indicators suggest the MACD is losing pace in the bullish zone, while the RSI remains above the 50 level.



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