Bitcoin is trading near its 20-day average with neutral momentum. Recent price action shows consolidation between $108,800 and $109,900, suggesting a wait-and-see approach.
Current Market Overview
BTC is priced at $109,562, slightly above its 20-day average. The RSI at 52 indicates neither overbought nor oversold conditions. Volume is moderate, showing balanced interest.
Price Levels to Watch
Support (buy zone) is near $108,836, a recent low where buyers stepped in. Resistance (sell zone) is around $109,900, where selling pressure increased recently.
Trading Strategy
With prices stuck in a tight range, it’s best to hold and wait for a clear breakout. Avoid impulsive buys or sells until the trend becomes clearer.
Beginner Recommendations
Advice: hold
Buy Price: 108836 USDT
Sell Price: 109900 USDT
Key metrics
| Price | 109561.8900 USDT |
| 24h Change | 0.36% |
| RSI(14) | 52.29 |
| SMA20 / SMA50 | 109457.74 / 109905.93 |
| Daily Volatility | 1.48% |
| 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.
