BTC/USDC Likely to Go DOWN 📉 (Short-Term)
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1. Downtrend Structure Confirmed ⚠️
• Price peaked at 109 521,07 and is now forming lower highs & lower lows ⬇️
• Last local bottom was 106 751,27, which it’s hovering above now — a retest or breakdown is likely.
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2. Moving Averages Say “Bearish” 🐻
• MA(7): 107 456,66
• MA(25): 108 241,85
• MA(99): 109 229,47
• Price is at 107 084,01, below all MAs – this is a clear bearish alignment.
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3. Failed to Hold Key Support ➡️ Became Resistance 🚧
• It tried bouncing around 107 923, failed → sellers stepped in
• Now stuck under MA(7) = short-term resistance pushing it down
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4. Red Volume Candles Rising 🔻
• High sell volume is coming in during red candles
• Green candles = weak, short-lived = buyers are not strong enough
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5. No Bullish Reversal Signals Yet ❌
• No bullish engulfing candles
• No strong bounce from bottom
• No crossover of moving averages
→ Still in downward momentum
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6. Sentiment – Market Still Weak 😕
• Daily change: -2.03%
• Overall trend from 1h candles: heavy pressure from sellers
• Unless something big shifts (like a news catalyst or volume pump), this looks like a bear flag continuation.
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Summary: Likely to Drop More 📉
Unless BTC breaks back above 107 456 (MA7) and holds, the path of least resistance is still down:
• Watch for 106 751 support
• If broken, next target could be around 106 200 – 106 000