Bitcoin is trading above $100,000 and is in a bull market according to analyst Josh of Crypto World. The weekly RSI and MACD indicators are showing bullish signs, suggesting the bull market could continue into 2025. Bitcoin is currently facing resistance at $102,000 and if it breaks above this level, it could move towards $113,000. Support is holding at $89,000. Bitcoin is forming a symmetrical triangle pattern and a breakout above $102,000 could push the price to $108,000, while a break below support could lead to a move down to $93,000. The Bitcoin liquidation heat map shows significant liquidity building around $104,000 to $105,000. The Bitcoin dominance chart is declining, indicating the start of an altcoin season where altcoins are likely to outperform Bitcoin.



Other News from Today