$BTC /USDT
Price: $104,952.01
Change: +3.73% (Positive daily momentum)
Key Moving Averages:
MA(7): $103,744.74 ✅ (Price just above short-term MA)
MA(25): $105,309.53 ❌ (Price just under mid-term MA)
MA(99): $96,197.84 ✅ (Price still well above long-term MA)
Recent Low: $98,200.00 (Strong support zone)
Resistance Levels: $105,309 (MA25), $108,177, $111,980
Support Zone: $103,000 – $98,200
Insight:
BTC has bounced off the $98.2K support with a strong green candle.
The current price is retesting the 25-day MA as resistance.
Short-term trend improving, but needs to reclaim $105.3K for further upside momentum.
Holding above $103K is key for bulls.
