$BTC โ๐ BTCUSDT Market Analysis & Future Outlook
Bitcoin is currently showing a mild recovery phase around $110,471, up +0.52% over the past 24 hours. The 1-hour chart highlights a shift from recent volatility โ after dipping to $106,236, BTC has been forming a steady ascending channel, hinting at short-term accumulation.
๐ Technical Overview:
Support Zones: $109,600 โ $108,200
Resistance Levels: $111,200 โ $113,500
KDJ Indicator: Neutral to slightly bullish, suggesting potential momentum building.
RSI (1H): Around 52 โ market neither overbought nor oversold, allowing room for an upward pus