The price of Bitcoin has increased by 3.73% over the last 7 days and currently stands at $94,828. This increase appears paradoxical against the backdrop of capital outflow: the net outflow has increased from -70.56 BTC to -840.98 BTC. However, despite this, the demand for BTC or other factors have proven stronger than the selling pressure.
The technical picture is complex, but generally positive. The MACD indicator shows a weak bearish signal — this may indicate a short-term correction. At the same time, the RSI and OBV indicate a stable market sentiment and strong buying pressure. The decrease in volatility according to Bollinger suggests a narrowing price range, meaning the market is seeking equilibrium.
In other words, BTC is holding strong even under pressure — and this indicates market strength. In the short term, sideways movement is possible, but the overall trend remains upward.
This is the same case where it's important to read not only the numbers but also the context.
