Bitcoin is currently trading near $101,615 with a slight downtrend. The RSI indicates neither overbought nor oversold conditions, suggesting potential for movement in either direction. Recent price action shows support around $100,300 and resistance near $107,000.
Current Market Overview
BTC is at $101,615, down 2.6% in 24 hours. It’s trading below both the 20-day and 50-day moving averages, indicating short-term weakness.
Technical Indicators
RSI at 45 suggests neutral momentum – not overbought or oversold. Volume has been average, showing moderate trading interest.
Support and Resistance Levels
Recent local lows around $100,300 provide strong support. Resistance appears near $107,000 based on recent highs.
Trading Strategy
Consider buying near support at $100,500 and selling near resistance at $107,000. Current price is closer to support, making it a potential buying opportunity.
Beginner Recommendations
Advice: buy
Buy Price: 100500 USDT
Sell Price: 107000 USDT
Key metrics
| Price | 101615.4200 USDT |
| 24h Change | -2.64% |
| RSI(14) | 45.46 |
| SMA20 / SMA50 | 101993.50 / 104708.04 |
| Daily Volatility | 2.71% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
