#BTC
🔍 BTC/USDT – Daily Analysis (as of $108,144)
📊 Technical Analysis:
1. Price Action:
BTC is trading at $108,144, showing a short-term bullish recovery from the recent dip near $101K.
Price is reclaiming levels above key short-term MAs (7-day and 25-day), indicating potential trend shift.
2. Key Moving Averages:
MA(7): $106,884 – recently broken above, showing bullish pressure.
MA(25): $105,779 – also broken, signaling short-term strength.
MA(99): $97,371 – long-term bullish trend still intact.
3. Resistance & Support:
Immediate Resistance: $111,980 (local high)
Major Resistance: $113,381 (horizontal level)
Immediate Support: $106,884 (MA7)
Major Support: $101,048 – key demand zone
4. Volume & Momentum:
Volume is steady but not explosive — suggests cautious buying.
Stochastic RSI: Overbought (96.49) → potential short-term consolidation or pullback likely before breakout.
🌐 Fundamental Analysis:
1. El Salvador News:
Headline:"El Salvador Buys 1 Bitcoin as Part of Ongoing Strategy.
This shows continued institutional and sovereign support, boosting BTC’s long-term narrative.
2. Macro Factors:
Rate Cut Hopes: Markets expect the Fed to cut rates in late 2025. If true this would support BTC as a hedge.
Inflation Cooling: Makes Bitcoin more attractive vs fiat.
U.S. Debt Crisis: Rising debt adds to BTC’s “digital gold” appeal.
3. Whale Accumulation:
On-chain data (recently) shows whales accumulating BTC on dips, providing strong price support below $105K.
📈 Summary & Professional Outlook:
Bitcoin is attempting a trend reversal after bouncing from the $101K support zone. Reclaiming key moving averages is bullish, but overbought RSI suggests a pullback or sideways movement may occur before a breakout above $112K.
🎯 Actionable Zones:
Buy Zone: $105,500–$106,800 (on healthy pullback)
Breakout Trigger: Close above $112,000 (confirmation needed)
Next Target: $118K–$120K range if momentum continues
🧠 Pro Tip:
“Don’t chase pumps. Watch for pullbacks to EMAs+RSI resets to enter with conviction.”
