Bitcoin's market capitalization is currently at $2.03 trillion with a price range of $102,536 to $102,739. The 24-hour trading volume is $62.38 billion. The daily chart indicates consolidation around $102,000 with higher lows suggesting bullish momentum. Resistance is at $108,000 and support is at $98,000. The 4-hour chart shows a recovery from $89,164, with resistance at $102,927. Entry zones could be between $98,000 and $100,000. On the 1-hour chart, there are higher highs and higher lows indicating short-term bullish momentum. Resistance is at $102,927 and entry points are between $101,000 and $101,500. Oscillators provide a mixed outlook, but moving averages and other indicators support a bullish trend. Bitcoin is well-positioned for upward movement if volume remains consistent and resistance is breached. However, resistance at $108,000 and capped momentum at $102,927 could result in a pullback, with a break below $98,000 challenging the uptrend. Traders should be cautious and watch for a shift in sentiment.



Other News from Today