$BTC $BTC

BTC/USDT Technical Analysis – 4-Hour Timeframe | May 15, 2025

Current Price: $102,509

Daily Change: -1.17%

Overview: Bitcoin price continues to experience downward pressure, currently trading below its short-term moving averages (MA7 and MA25), reflecting weak near-term upward momentum.

Technical Indicators:

Moving Averages:

MA(7): 103,282 - Price below (negative signal)

MA(25): 103,467 - Price also below

MA(99): 98,825 - Potential Moving Support

RSI:

RSI(6): 33 - Close to oversold zone, may indicate a potential temporary rebound

RSI(14): 46 - Weak momentum leaning downward

MACD:

In the negative zone, reflecting continued selling pressure

Technical Levels:

Nearest Support: 100,678

Next Support: 98,825

First Resistance: 103,200

Next Resistance: 104,300

Expected Scenario:

If the price remains above 100,678, we may witness a corrective rebound towards 103K.

A break of this support will lead the price to test 98,800 and possibly lower. Conclusion: The current trend is downward in the short term, with a potential for a temporary rebound from support levels. Caution is warranted, and monitoring a break/hold at support 100,678 will be crucial.