$BTC Current Price: $105,849.99
24H Change: -0.20%
24H High/Low: $106,132.68 / $102,664.31
Volume (24H):
• BTC: 26,197.51
• USDT: 2.74B
Moving Averages (MA):
• MA(5) = 2.32795
• MA(10) = 2.03870
• MA(60) = 105,698.57 → The current price is slightly above MA60, which is a mild bullish sign.
Volume Trends:
• Volume has increased significantly compared to the previous sessions, indicating growing buy-side interest.
• 90-day volume change: +25.47%
• 1-year volume change: +58.04%
Short-Term Performance:
• Today: +0.09%
• Past 7 days: +1.04%
• Past 30 days: +2.39%
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Forecast
Short-Term (1–3 days):
With the price holding above the 60-day moving average and rising trading volume, BTC is showing signs of short-term stabilization. If momentum continues, a retest of $106,500–107,000 is likely. However, strong resistance may occur near the $108,000 level, previously tested.
Medium-Term (1–2 weeks):
Unless there’s a major macroeconomic or geopolitical trigger, BTC may trade sideways between $103,000 and $108,500, building a base for a potential breakout.
Bearish Scenario:
If BTC falls below MA60 (~$105,700) with volume confirmation, it could test support zones at $102,600 and $100,000.
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Conclusion
The trend is currently neutral-to-bullish in the short term. Watch for confirmation from volume and RSI/MACD (not shown) to support a breakout above $108,000. Conservative traders should wait for a decisive close above $107,500 before entering long positions.