
Is BTC’s Rally Sustainable or Due for a Pullback?
Bitcoin continues to hold around the $108,000 mark, consolidating within a narrow range after a sharp rally from April lows. Price action suggests strength, but momentum has cooled slightly, setting the stage for a critical few days ahead. Technical Analysis The Daily Chart On the daily chart, BTC remains above both the 100-day and 200-day moving averages, which are located in the $90,000 – $96,000 range, and have also crossed bullishly in recent weeks. The RSI sits around 63, showing that the rally isn’t yet overheated but is nearing the upper range. A healthy consolidation around the $108,000 level could…








