đ General analysis of $BTC :
Current price: ~$96,200
Recent trend: Moderate correction after reaching a local maximum (~$97,895).
Moving averages:
MA(7) â $96,244
MA(25) â $96,335
MA(99) â $95,828
â Indicates slight bearish pressure in the short term, but with nearby technical support.
Money flow (1-day chart):
Sales exceed purchases by nearly 3,000 BTC, especially in large orders â strong institutional selling pressure.
Key technical support: Zone of $95,800 â $96,000
Immediate resistance: $96,935 â $97,000
đ Short-term prediction (next hours to 1 day):
It is likely that BTC will correct slightly towards the zone of $95,500 â $95,800, especially if institutional selling pressure continues. However, if it manages to hold above $96,000 and volume recovers, it could attempt to bounce back towards $97,000 again.
What do you think will happen with Bitcoin?