$BTC 📊 Current Market Snapshot

• Price: ~$105,881.89 (↓ 2.38%)

• 24H High / Low: $108,813.55 / $105,752.53

• Volume (24H): 17,556 BTC (~1.89B USDT)

• Short-Term MA Trends:

• MA(5): 4,31868

• MA(10): 7,24635

• MA(60): ~105,962.72 → price is just below this level = potential resistance.

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📈 Technical Chart Overview

1. Daily Candlestick Chart:

• Price reached a local peak at $111,980 but failed to maintain upward momentum.

• Current support zone: around $105,700–$106,000.

• Resistance zones: $108,800 and $111,000.

2. Volume Analysis:

• Slightly decreasing buy volume → weak bullish conviction.

• Short spikes in red volume indicate seller strength on rallies.

3. Trend Indicators:

• MA60 downward slope → Mid-term downtrend still intact.

• Bollinger Bands not shown but likely tightening → volatility squeeze expected.

• RSI (assumed): Likely in neutral or slightly bearish territory (~40–50).

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🧠 Market Sentiment & External Factors

• Trump’s Tariff Policy (from your earlier post):

• Could increase global market volatility, including risk assets like crypto.

• Risk-off sentiment might reduce short-term BTC demand, especially from institutional traders hedging against uncertainty.

• However, crypto often benefits long-term from distrust in fiat/political moves.

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🔮 Prediction & Suggestions

🟠 Short-Term (1–7 Days):

• BTC may consolidate around $105,500–$107,000.

• If $105,500 support fails, next key support is near $102,000–$103,000.

• For bullish confirmation: Need to break and hold above $108,800.

→ Suggestion:

⚠️ Caution for short-term traders. Avoid leveraged longs unless BTC reclaims $108,000+. Watch for breakdown if volume increases on red candles.

🟢 Mid-Term (1–3 Weeks):

• Despite recent dip, 90-day and 1-year volume metrics remain positive (+24.93% and +52.09% respectively).

• If BTC holds above $100,000 and no major macro shock appears, expect a gradual climb toward $112,000–115,000.