$BTC Key Indicators Overview
1. Current Price:
$103,930.41
2. Recent High & Low:
24h High: $105,819.45
24h Low: $103,569.77
BTC is currently trading very close to its 24h low, suggesting selling pressure.
3. Parabolic SAR (Stop and Reverse):
Dots are above the price, which indicates a bearish trend in the short term.
4. MACD (Moving Average Convergence Divergence):
DIF: 21.68
DEA: 66.65
MACD Line: -44.96
This negative MACD value indicates bearish momentum, though not extremely strong yet.
5. RSI (Relative Strength Index):
RSI(6): 42.46
RSI(12): 46.35
RSI(24): 50.10
RSI values are mostly in the neutral to slightly bearish range. Not oversold, but leaning bearish.
📊 Support & Resistance Levels
From the chart, we can spot:
🛡️ Support Levels:
$101,194.65 — a clear historical support level on the chart
$98,588.77 — a stronger support level if it breaks below $101k
$95,982.88 — longer-term support (less likely to hit unless stronger selling emerges)
🧱 Resistance Levels:
$105,819.45 — recent high and psychological resistance
📉 Potential Fall Estimate
If bearish pressure continues and BTC breaks below $101,194, the next likely targets are:
📉 First target: $98,588 — ~5.1% drop from current price
📉 Next target: $95,982 — ~7.7% drop from current price
However, if $101,194 holds, BTC might just consolidate between $101k and $105k.
🧠 Conclusion
Short-term trend: Bearish
Watch key support: $101,194
Break below that: Target $98,588 → possible 5%+ fall