Bitcoin Price Surpasses $105,000 Amidst Upward Momentum

Bitcoin Price Update

  • Bitcoin has increased above $102,500 and is trading over $104,500.
  • Current price consolidation is above $105,000.
  • A break occurred above a bearish trend line at $104,000.
  • Immediate resistance is at $107,000; key resistance levels are $107,500 and $109,000.
  • If Bitcoin surpasses $109,000, it may test $110,000 and potentially reach new all-time highs.
  • Downside support levels are at $104,500 and $103,500.
  • Technical indicators show bullish momentum with MACD gaining pace and RSI above 50.