đ #Bitcoin 's Bullish Momentum Eyes New Highs
Bitcoinâs rally continues, with analysts suggesting the bull cycle is far from over. Titan of Crypto highlights Bitcoin's monthly RSI, indicating more growth ahead as it hasnât reached overbought levels seen in past peaks (2013, 2017, 2021).
đ Recent Price Action:
*/ $BTC surged past 100K$, hitting a new all-time high of
$103,900.
*/ Retraced to $97,727, stabilizing near the ascending channelâs
lower boundary.
*/ Key support: $95,978 (78.6% Fibonacci). Resistance: $101,430 and potentially $114,004 (+16%).
⥠Projections: Titan predicts a peak near $160,000, but warns a drop below key support levels could signal bearish sentiment.
âWhen in doubt, zoom out.â Bitcoinâs historical trends suggest pullbacks are part of its journey to new highs. đ
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