The current price of $BTC BTCUSD is around 98000 USD

Heres an updated analysis of support and resistance levels

Support 95000 91780 86700

Resistance 99300 103600

Key Observations

Price Action #BTCUSD is currently trading near the 98000 level showing some consolidation after a recent upward move

Support Resistance The price is situated between the 95000 support level and the 99300 resistance level A decisive break above 99300 could signal further bullish momentum while a drop below 95000 might indicate a potential shift in bearish sentiment

Technical Indicators

#RSI The 14day RSI is currently above 50 suggesting bullish momentum

#MACD The MACD line is above the signal line indicating bullish momentum However the pace of the uptrend might be slowing down

Disclaimer This information is for educational purposes only and should not be considered financial advice Cryptocurrency markets are highly volatile and prices can fluctuate significantly Please conduct thorough research and consult with a qualified financial advisor before making any investment decisions