Technical analysis by FenzoFxBroker about Symbol BTC: Buy recommendation (11 hour ago)

Bitcoin closed above the 107,792 resistance after breaking the previous day's high. RSI and Stochastic indicators show overbought conditions, signaling short-term overpricing. BTC may test the $109,000.00 resistance next, followed by a potential pullback toward $104,618.00, offering a favorable entry point for bulls.