$BTC BTCUSDT Market Update 🚨
Current Price: $108,103.85 (+0.36%)
24h High: $108,420.56 | 24h Low: $107,689.91
Volume (BTC): 4,180+ | Volume (USDT): $451M+
After tapping $110,529 just days ago, Bitcoin is now stabilizing above key moving averages. The price is currently trading just above MA(7) at $107,958 — a short-term support that’s holding strong.
📊 Key Moving Averages:
🟡 MA(7): $107,958.15
🔴 MA(25): $106,176.84
🟣 MA(99): $98,664.68
This level around $108K is becoming a battleground zone. Bulls are defending it well, while bears are trying to reject every pump near $110K. A confirmed breakout above $111,145 could ignite the next rally. On the downside, strong support lies at $104.9K and $101.8K.
📈 Performance Snapshot:
🟢 Today: +0.01%
🟢 7 Days: +0.59%
🟢 30 Days: +4.72%
🟢 90 Days: +33.84%
🟢 180 Days: +6.16%
🟢 1 Year: +91.49%
📌 Momentum remains bullish in higher timeframes. RSI and MACD are still showing strength, though slight cooling off is natural after a strong run.
💬 My View:
BTC is in a healthy consolidation phase. The dip toward $107K was quickly bought up — showing demand still outweighs fear. As long as we stay above MA(25), trend bias remains bullish.
⚔️ Breakout Above $110.5K = 🚀
🛡️ Breakdown Below $104.9K = ⚠️