Momentum indicators are flashing bullish signals. The Relative Strength Index (RSI) is around 60, while the Moving Average Convergence Divergence (MACD) has confirmed a bullish crossover. Gemxbt points out that an entry around $106,000, with a stop-loss placed at $104,000, looks promising.
The Relative Strength Index (RSI) remains neutral, suggesting that there is still room for movement in either direction. The MACD is showing bullish momentum, reinforcing the case for a continuation to the upside.
