{"content":"🚀 Bitcoin Sets Its Sights on New Highs — Is the Next Leg Up Already Here? Bitcoin fell again to $103,200. BTC is stabilizing and may rebound over $106,000. Bitcoin fell below $106,500 again. The price is over $105,000 and the 100-hour SMA. On the hourly BTC/USD chart, a negative trend line connects to resistance at $105,550. The pair might rise again if it breaks $106,000 barrier. Bitcoin Price Sees Upturn Bitcoin fell below $106,500 again. Below $105,500, BTC tested $103,200, the next support. After a low of $103,200, the price is consolidating losses. There was a rise over $104,200 and the 23.6% Fib retracement level of the latest collapse from $110,500 swing high to $103,200 low. Bitcoin is over $105,000 and the 100-hour SMA. Resistance at $105,550 is imminent on the upside. The hourly BTC/USD chart shows a negative trend line with resistance at $105,550. First major resistance is around $106,000. The next hurdle may be $106,800. It is around the 50% Fib retracement level of the latest slide from $110,500 swing high to $103,200 low. A closing above $106,800 resistance might boost prices. The price may increase to $108,000 resistance. Further advances might push the price beyond $110,000. Another BTC Drop? Bitcoin may fall again if it fails to break $106,000. Immediate support is about $105,000. Near $104,200 is the first big support. Around $103,200 is the next support. More losses might push the price toward $102,500. BTC may go below $101,200, the primary support. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $105,000, $104,200. Major Resistance Levels: $106,000, $106,800. #BTC #MyCOSTrade #CEXvsDEX101 #TradingTypes101 #BinanceAlphaAlert $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/02/ad8906df0323419bbbc0b4c78c8b4913.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}