📢 BTC/USDT Weekly Market Update

Current price: 107,457.96 (+0.50%)

24h High: 107,709.22

24h Low: 106,356.76

24h Volume: 10,364 BTC | 1.11B USDT

📌 Key Levels

• Resistance: 111,980

• Supports: 98,068 → 80,486 → 62,903

📈 Moving Averages

• MA(7): 105,835

• MA(25): 95,658

• MA(99): 66,885

📉 RSI (6): 66.04 — close to the overbought zone

🔍 Market Insight

BTC is trading with strength above 107K. The 7-week MA is trending above the 25-week MA, keeping the momentum in the bulls’ favor. A clean break above 112K could trigger a fresh rally.

However, RSI near 70 suggests price may cool off before the next move. Watch for volume spikes and strong candle confirmation around resistance.