$BTC
Current Trend & Momentum:
BTC is trading around $103,635, showing a minor gain of +0.41% in the last session.
The price has recently broken out of a consolidation range and is maintaining a higher-low and higher-high pattern since mid-April.
Momentum appears to remain bullish, though slightly slowing near current levels.
Key Technical Levels:
Support Zone: $101,200 – $101,500 (recent bounce level and previous consolidation range)
Resistance Zone: $103,800 – $104,500 (local top and previous rejection point)
Breakout Trigger: A clean break above $104,000 with volume could spark a short-term rally.
Indicators Observation (visually inferred):
Price is above both the short- and mid-term moving averages, suggesting bullish continuation.
No signs of a steep correction yet, but consolidation near highs may lead to a small pullback before a further move up.
24-Hour BTC Price Prediction:
Bullish Scenario: If BTC holds above $102,800 and breaks above $104,000, we could see a push toward $106,000 or higher.
Bearish Scenario: A drop below $101,200 could bring BTC down to test the $100,000–$99,500 range.
Most Likely Range for Next 24 Hours:
$101,500 – $105,500, with a slight bullish bias assuming no sudden market shifts or external shocks.