Bitcoin's price has started to rise and has broken through several resistance levels, including $102,000 and $103,500. It is now trading above $103,000 and the 100 hourly Simple Moving Average. The immediate resistance is at $104,800, followed by $105,000 and $105,500. If it manages to break through these levels, it could test $107,000 and potentially even $108,800 in the short term. However, if it fails to surpass the $105,000 resistance zone, it may see a fresh decline with support at $103,200 and $102,000. The hourly MACD is bullish, and the RSI is above 50.



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