Bitcoin Price Surpasses $102,000, Eyes Resistance at $105,000
Bitcoin Price Update
- Bitcoin price rose above $102,000 and is trading around $103,500.
- A break occurred above a bearish trend line at $102,400.
- Immediate resistance is at $105,000; potential gains could lead to $107,000.
- Support levels are identified at $103,200 and $102,000.
- The MACD indicates bullish momentum, while the RSI is above 50.
Bitcoin's upward movement may face challenges at the $105,000 mark. If it does not surpass this level, a decline could occur towards support levels near $102,000 and $100,000.
