$BTC

🛠 Technical Analysis

• The daily and weekly charts indicate that BTC is positioned within a bullish pattern, entering a flag consolidation or sideways phase in the short term, still leaning towards a bullish setup.

• In the short-term chart, BTC rebounded after hitting a low of $104,200 and is currently below the 20EMA and 200SMA, indicating that short-term pullback pressure is still present.

• RSI is in the middle range, MACD continues to lean bullish, but volume needs to increase further to support a breakout.