Bitcoin Tests Resistance

🔵The price of Bitcoin is once again approaching the key level of $106,000 after recovering from the late-May lows. Despite the ongoing bullish trend, the upward momentum is slowing: the RSI is nearing the overbought zone, and the MACD indicates a flattening pattern. This suggests a potential pause in movement, especially amid low trading volume and consolidation near the upper Bollinger Band.

🔵The market is closely watching the $106,100 level — a decisive breakout could open the path toward $108,800. However, rejection from this resistance and a drop below $104,000 would increase the risk of a pullback to $102,800. The next 24–48 hours could be crucial in determining Bitcoin’s next move.