$BTC RSI (56.83): Close to the neutral zone, but an upward momentum is observed. If the RSI approaches the 70 level, it may indicate that the price may enter the overbought zone.
The MACD is giving a positive signal because the histogram bars are growing towards the zero line. This indicates that the price increase may continue.
STOCH RSI (93.86): It is in overbought territory, which could increase the possibility of a short-term correction.
Short-term MAs support the price upwards.
It could act as resistance around 98,876.89. 108,353.00 could be a strong resistance if the price approaches this level again. IT IS NOT INVESTMENT ADVICE.#MarketRebound #BtcNewHolder