๐ BTC/USDT Prediction โ Short-Term (Next 6โ12 hours)
๐ฎ Price Outlook:
> Neutral-to-Bearish Bias
โณ Predicted Range: $103,300 โ $105,200
๐ Why?
1. Candlestick Pattern:
Recent candles show lower highs and rejection wicks near $105,000+, suggesting resistance strength.
2. Volume Decrease:
Despite the earlier bullish move, volume is waning, meaning buyers may be losing momentum.
3. Moving Averages:
Price is testing the MA(7) (yellow line) and MA(25) (pink line), signaling a possible sideways or pullback phase.
MA(99) and MA(100+) are still far above, confirming that long-term sentiment remains cautious.
4. MACD / RSI Analysis (from earlier charts):
Momentum indicators were flattening, with no strong bullish divergence.
๐ง Scenario Plan:
โ Bullish Breakout:
Needs a close above $105,300 with volume spike โ Target: $106,000 โ $107,200
โ ๏ธ Bearish Rejection:
Drop below $103,500 confirms rejection โ Likely revisit: $102,400 โ $101,500
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๐Conclusion:
BTC is at a pivot zone. Traders should watch for:
Confirmation candle above $105,300 for upside
Breakdown below $103,500 for downside