$BTC /USDT – Daily Chart Outlook

Bitcoin Stalls Below $105K — Key Test Ahead

🔍 Market Snapshot:

Bitcoin is currently trading at $100,910, down -1.18% on the day, struggling to reclaim the short-term moving averages. After a strong run to ~$110K, price momentum is cooling off.

🧭 Trend Signals:

MA 7 ($103,888) and MA 25 ($105,278) are both overhead, acting as short-term resistance.

MA 99 ($95,755) remains intact and is a critical long-term support.

The current price action is forming a lower high, indicating caution is warranted.

🎯 Key Levels:

Support 1: $98,000 (psychological and recent bounce level)

Support 2: $95,750 (MA 99 – trend-defining)

Resistance 1: $103,900 (MA 7)

Resistance 2: $105,300 (MA 25 and key breakout level)

📌 Outlook:

If BTC fails to reclaim $105K soon, downside pressure could increase toward $98K or lower. A clean break above $105K could resume the uptrend, targeting $110K+.

⏳ Wait for clear direction — momentum has paused, and volatility may spike on macro news.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!