Bitcoin price prediction - to cross up $100k ...Middle East

Bitcoin (BTC/USD) appears poised to cross the $100,000 mark again as current price action aligns with bullish technical indicators on the daily chart. Here’s a quick breakdown:

RSI Trending Bullish:The RSI (Relative Strength Index) at 54 is comfortably above the 50-neutral line, indicating mild bullish momentum. Notably, it has been rising for the past three days, signaling strengthening buying pressure. While not yet overbought, the RSI hints at further room for upside.

Outlook:

Primary Target: Breaching $100,252 should open the door for a test of higher levels, with $105,000 and $108,000as key resistance zones.Support to Watch: A failure to sustain above $99,000 could lead to consolidation near $96,000.

ForexLive.com for additional views.

This article was written by Itai Levitan at www.forexlive.com.

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