#BTCBackto100K Technical analysis on the 1D frame of BTC, I invite everyone to refer to it.
1. Overall trend:
BTC is currently in a strong uptrend, with a continuous series of green candles and the price has surpassed the important psychological level of 100,000 USDT.
The latest candle has a long upper wick (peak at 106,680 USDT) indicating that short-term profit-taking pressure is emerging.
2. EMA lines:
EMA7: 101,224 USDT
EMA25: 96,059 USDT
EMA99: 92,545 USDT
=> The price is currently above all major EMAs, confirming that the uptrend is still very strong and clear.