BTC Price Scenario: Acceleration or Correction?
⚙️ Key Technical Information
• Current Price: 114,932.30 USDT
• Increase 0.85% in 24h
• Highest Price in 24h: 115,716 USDT
• Lowest Price in 24h: 113,355.13 USDT
• Trading Volume: 9,702 BTC (~1.11B USDT)
📉 Technical Chart Analysis (4h Frame)
1. EMA – Exponential Moving Average
• EMA(7): 114,758 → Price is above EMA(7) ⇒ short-term upward signal remains
• EMA(25): 114,568
• EMA(99): 115,695 → Price is still below EMA(99) ⇒ mid-term trend has not confirmed upward reversal
✅ Current Signal:
→ Price is creating higher lows at 111,920 (compared to the previous low), while staying above EMA 7 and EMA 25.
→ If it surpasses EMA99 (~115,700), BTC could strongly bounce to the 117,000–120,000 range.
2. Price Behavior – Price Action
• The most recent candle is a small-bodied Doji, indicating hesitation after a strong recovery.
• There are signs of short-term profit-taking around the 115,000–115,200 range (large supply zone clearly visible in the order book).
3. Volume & Trading Orders
• Buy/Sell Ratio:
🔴 Sell: 60.51%
🟢 Buy: 39.49%
→ The sellers still have a slight advantage, which could exert short-term pressure on the price if no new buying force supports.
• Current Orderbook:
• Dense sell orders at 114,900 – 115,300 USDT
• Good buying strength at 114,500 – 114,800 USDT
💥Short-term BTC Price Scenario:
✅ Continued Increase:
If the 4H candle closes above 115,700 (EMA99), BTC may target 117,000 – 118,500.
⚠️ Light Correction:
Losing the 114,500 range (EMA7 + EMA25) → possibility of testing 113,300 – 113,000 again.
❌ Returning to Downtrend:
If it breaks below 111,900 → confirms mid-term downtrend.
