Current price: ~$114,389
$BTC RSI (14): ~77 โ entering overbought territory.
Moving Averages: Most short and medium-term averages still point to an upward trend, strong buy signals overall.
Pivot Levels (classic):
โข Pivot: ~114,078
โข R1: 114,227 โ R2: 114,370 โ R3: 114,520
โข S1: 113,935 โ S2: 113,786 โ S3: 113,643
Support Zones: $108,000 โ $105,000
Resistance Zones: $115,000 โ $118,000
Trading Scenarios & Levels
Scenario Entry / Observation Zone Target Zone Stop-Loss Zone Notes
Bullish Retracement If the price holds
114,100โ115,000 as support 116,500 โ 118,000 Below 113,800 RSI is high, so watch for exhaustion
Breakout Trade Confirmed breakout above 115,200 118,000 โ 120,000 Below 114,000 Needs confirmation of strong volume
Bearish Correction Failure at resistance, drop towards 113,000โ112,000 108,000 โ 105,000 Above 113,500 Momentum could reverse quickly
Long-term Buy on Dip Major support
108,000โ105,000 112,000 โ 115,000 Tight stop below support Institutions may intervene here.
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