$BTC/USDT Weekly Update
Current Price: $104,712.00
Weekly Change: +2.73%
Key Moving Averages:
MA(7): $105,443.61 ❌ (Price just below short-term MA)
MA(25): $95,548.28 ✅ (Price still above mid-term MA)
MA(99): $66,858.03 ✅ (Strong long-term uptrend intact)
Recent High: $111,980
Recent Low: $58,946
Trend: Slight consolidation near local high.
Short-Term Strategy Suggestion
Market Bias: Sideways (3–7 days)
Price Range: $99,634 – $110,998
Grid Setup: 24 Grids
Profit/Grid: 0.22% – 0.27% (after fees).
BTC is consolidating below resistance near $105K–$112K.
MA(7) is acting as a short-term resistance; a weekly close above $105.5K could trigger renewed bullish momentum.
Holding above $99K keeps bulls in control; if broken, $95K is key support.
Ideal for grid trading or range-bound swing trades in the short term.$SOL $BNB $ETH
