$BTC

BTC/USDT Signal – 1D Chart

Current Price: $97,324

Trend: Strong Uptrend (Price above MA(7), MA(25), and MA(99))

Market Sentiment: Bearish Short-Term (83.76% Sell Pressure)

Support Levels: $95,090 / \$90,104

Resistance Level: $97,896 (recent high)

Performance:

7 Days: +4.23%

30 Days: +14.38%

1 Year: +65.21%

Signal:

Buy on Dip / Hold – Long-term trend is bullish with strong support from moving averages. Price is near resistance, and high selling pressure suggests a possible short-term pullback. Ideal to wait for a better entry or hold existing positions.

BTC is currently priced at around $97,324 and has been slowly going up, showing a small gain today. Over the past month and year, it has performed really well, climbing from a recent low of about $74,500. The chart shows a strong upward trend, with the price staying above important moving averages, which is a good indicator for long-term growth. However, most traders are currently selling rather than buying, which could mean a short break or small dip might happen soon. Overall, the long-term trend looks strong, but short-term caution is advised due to the high selling pressure.