#BTC #Alert🔴 #TrendingPredictions #MarketSentimentToday #BTVvsMarkets 📊 Current Price:
105,474.98 USDT (+0.52%)
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📈 Indicators (EMA):
EMA(7): 105,275.06 (short-term)
EMA(21): 105,747.44 (mid-term)
EMA(55): 106,193.45 (long-term)
🔍 Interpretation:
The price is currently below the 55 EMA, indicating that BTC is still in a medium-term downtrend. However, it’s trying to reclaim the 21 EMA, which is a short-term bullish sign.
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📉 Recent Price Action:
Recent Low: 102,664.31
Recent High: 110,530.17
Price tried bouncing from the local bottom but faced resistance at around 105,700, near the EMA21.
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🟡 Volume and OBV (On-Balance Volume):
OBV is negative: -76,499.06
This shows that selling pressure has dominated recently, even though some buying is now appearing.
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📌 Key Levels to Watch:
Support: 104,000 → 102,664
Resistance: 105,700 → 106,200 (EMA55)
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🔄 Trend Overview:
Short-term: Sideways to slight bullish attempt
Mid-term: Still bearish until BTC can break and hold above the EMA55 (~106,200)
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🛠️ Summary:
📉 Trend: Bearish to Neutral (Short-term recovery possible)
🚨 Watch for breakout above 106,200 for bullish confirmation
📊 OBV still negative, indicating caution
💰 Buyers showing interest, but not dominant yet (Buy/Sell ratio: 60.81% / 39.19%)