📈 Technical Analysis – Bitcoin (BTC/USDT) – 3D
💰 Current price: $108,928.25
Recent high: $111,980
Recent low: $107,429
Trend: Bullish, with consolidation near resistance.
🧠 1. Moving Averages
EMA(7) – Short term: $107,619 → Immediate support
EMA(25) – Medium term: $103,387 → Intermediate support
EMA(99) – Long term: $90,405 → Trend bottom support
✅ The price is above all moving averages, confirming buying strength in the medium/long term.
📊 2. RSI(6): 64.26
Approaching the overbought zone, but still with room for continuation of the rise.
Shows buying strength, without excessive or immediate risk of reversal due to exhaustion.
🔎 3. Volume
Recent volume stable, without liquidity spikes.
The price is rising in a controlled manner, which is generally healthier than explosive movements.
🧱 4. Resistance and Support
Main resistance: $111,980 (last peak)
Psychological target: $113,800 (visible level on the chart)
Key support:
$107,600 (EMA 7)
$105,600 (technical level)
$103,300 (EMA 25)
🚦 Possible Scenarios
✅ Optimistic Scenario (Bullish)
If the price breaks $111,980, it could accelerate towards:
$113,800 (technical target)
$120,000–$125,000 (macro target from the previously mentioned bull flag pattern)
⚠️ Correction Scenario
If it loses the support of $107,600, we could see:
Test of the EMA 25 at $103,300
Possible “bear trap” with a reversal from the $100K region
🧭 Recommended Strategy
Swing trader:
Entry after breaking $112K with target $120K
Or wait for a pullback in the $103K–$105K region for a safer entry
Holder:
Maintain position. The structure remains healthy, and the market is in bullish consolidation.
🧵 Quick Summary
📊 Continuation structure for the rise remains valid
✅ Above the EMAs = strong trend
📍 Critical resistance: $111,980
🟡 Healthy RSI, still with momentum
🎯 Macro target remains between $120K–$130K, as shown in the previous Bull Flag pattern
