IS $105,000 WORTH THE RISK

Based on the latest Bitcoin (BTC) chart and data:

Current Scenario

Current Price: $$ 96.184.56, with a recent high of $$ 96.494.

Key Resistance: $$ 99.588, where BTC may struggle to break.

Immediate Support: $$ 93.801, which acted as the lowest point in the last 24 hours.

Technical Indicators

Moving Averages:

The MA(7) (US$ 85.558) and MA(25) (US$ 68.524) are showing a consistent uptrend.

The distance between the averages indicates a possible overbought, which may justify a correction.

Bollinger Bands:

The price is close to the upper band, indicating a possible overvaluation in the short term.

Parabolic SAR: The yellow dots indicate support for the uptrend, but a reversal to the downside may signal a correction.

Possible Correction Scenario

If BTC fails to break through US$ 99.588, a correction to US$ 88.986 (first relevant support) may occur, with lower targets around US$ 76.112.

Bullish Continuation Scenario

A break above US$ 99.588 could lead BTC to seek new all-time highs above US$ 105.000, supported by institutional buying and expectations around the next halving.

Recommendations:

Keep an eye on trading volumes. Drops in volume may indicate exhaustion of the rally.

Use stops to protect profits in case of sharp volatility.

If you need a more detailed analysis or another specific indicator, just let me know!