Bitcoin price analysis (Neutral) — 101819.10 USDT (-1.43% 24h)

Bitcoin is currently trading at $101,819, showing modest consolidation after recent volatility. The -1.43% 24-hour decline suggests some profit-taking, though the price remains firmly above the 20-day SMA at $101,777, indicating underlying support. The RSI reading of 50.2 reflects a perfectly balanced market with neither overbought nor oversold conditions. Notably, BTC is trading slightly below the 50-day SMA at $102,614, which could serve as immediate resistance. The 24-hour volume of $2.65 billion demonstrates healthy market participation despite the minor pullback. Traders should watch for a decisive break above the 50-day SMA for bullish confirmation, while a drop below the 20-day SMA could signal further downside toward $100,000. Given the current technical setup, consider scaling into positions on dips toward $101,000 support with tight stops below $100,500.