#SaylorBTCPurchase Price Battle for $BTC
Based on the 1-day BTC/USDT chart from Binance in the image, here's an analysis of possible future movements:
1. Current Snapshot
Price: $96,459.47
24h High/Low: $97,783.02 / $95,852.29
Trend: Short-term uptrend after bounce from ~$74,500
Key Indicators:
MA(7): 95,289.40 (price is above = bullish)
MA(25): 89,262.05 (bullish crossover confirmed)
MA(99): 90,014.93 (long-term resistance now turned support)
○ Bullish Signals
Golden Cross in Motion: The short-term MA(7) crossed above MA(25), showing building momentum.
Volume Spike on Recovery: Volume surged during the recent rally from ~$74,500 to ~$97,000, showing strong buyer interest.
Higher Lows + Higher Highs: Classic uptrend pattern suggests continuation if volume holds.
○ Bearish Risks
Doji-like Candle Formation Today: Suggests indecision or potential reversal, especially after a strong rally.
Overhead Resistance near $100,000: Psychological barrier and previous failed attempt (99,475 level).
Volume Weakening Slightly: If declining volume continues, this rally may lose steam.
☆ Future Possibilities (1-Day Outlook)
Scenario 1: Bullish Breakout
Trigger: Strong daily close above $97,800 with volume.
Target: $100,723 - next resistance level on chart.
Follow-up: If $100k breaks, potential run to $104k–$106k.
Scenario 2: Pullback and Retest
Trigger: Price fails to break $97,800 and forms a red candle.
Support Zone: $95,000 (MA(7)) → $90,000 (MA(99))
Healthy Retracement: Could form a higher low and resume uptrend.
Scenario 3: Bearish Rejection
Trigger: Strong sell-off with high volume below MA(7)
Target: $89,000 → $84,000
Invalidates: Short-term bullish structure
Share me your thought about this!