📊 BTC/USDT Analysis (1D, Binance)

Current price: $114,931

24h range: $114,510 – $115,888

24h trading volume: ~66.3K BTC (~$7.63 billion USDT)

🔹 Technical:

The price is held above the local minimum of $111,625, but has not yet managed to establish itself above the resistance zone of $116,500 – $117,000.

The Parabolic SAR indicator shows a downward trend (points above the candles).

Moving averages:

MA(5) ≈ $104,838

MA(10) ≈ $103,404

The current price is significantly above both moving averages → the market remains in a medium-term upward trend.

Trading volumes remain high, indicating strong interest from players.

🔹 Background:

Over the week, BTC lost about -2.1%, -3% over the month, but on larger timeframes, the picture looks more positive:

90 days: +7.0%

180 days: +22.3%

1 year: +78.6%

🔹 Key levels:

Support: $111,600 – $112,000

Resistance: $116,500 – $117,000 and further $124,500

📈 Conclusion:

BTC is currently consolidating in a range after a sharp rise to $124,500. The nearest support is strong, but a breakout down could test $110,000. Establishing above $117,000 will open the way to $120,000+.

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