#BTCPrediction Market Sentiment and Indicators *----

Chart Analysis:-

The 1-hour chart in the screenshot shows a recent uptrend with candlesticks moving above the 50-period and 200-period moving averages (MA 50 close at $97,347.30 and MA 200 at $97,228.62).

This suggests bullish momentum in the short term. The volume bars show a spike to 914.992 BTC recently, indicating heightened trading activity, likely driven by buying pressure.

Moving Averages:-

The 50-period MA being above the 200-period MA (golden cross) on the 1-hour chart reinforces the bullish trend.

However, the price is currently testing the $97,380 level, which could act as a psychological resistance.#TradeStories