📊 $BTC Price Analysis (BTC/USDT) – 4H Chart Update
Bitcoin is currently trading around $111,430 (-0.97%), showing some short-term weakness after failing to break above $113,600 resistance.
The MA(7) is now crossing below MA(25) — a short-term bearish signal, while the MA(99) remains higher near $118K, confirming that BTC is still below major resistance.
Support levels to watch:
$110,000 (24h low)
$102,000 (previous key support)
If Bitcoin holds above $110K, we could see a rebound towards $115K–$118K.
But a drop below $110K might trigger a deeper correction.
📈 Momentum traders may wait for confirmation before entering long positions.
