$BTC On the chart $BTC , a short-term attempt to reverse after the drop is noticeable. Here are the key signals $BTC

BTC

108,013.01

+0.17%

🔍 Analysis:

✅ Candlestick structure:

After the drop to $107,245, BTC made a strong rebound to $108,232, but we are currently observing profit taking.

✅ Moving averages (MA):

The price is at the MA(7) level ≈ $108,020 — a struggle for the short-term trend.

MA(25) ($108,105) and MA(99) ($108,007) — the price is oscillating between them. A breakout of one of the levels will indicate the direction.

🟡 RSI (6):

Rose to 42.9 — exited the oversold zone but has not yet reached the "strong" uptrend.

📊 Volumes:

Volumes increased during the rebound, but the last candles show a decrease. This indicates buyer uncertainty.

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📈 Forecast for today:

🔸 A sideways movement is expected in the range of $107,700 – $108,400.

🔸 A breakout above $108,400 may activate a new impulse to $108,800.

🔸 If BTC drops below $107,800 — a retest of $107,200 is possible.

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📌 Advice to traders:

Currently, it is a zone of indecision — an ideal moment for scalping or waiting for a breakout signal. It’s better to set stops just outside the channel.

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