$BTC Bitcoin Analysis (BTC/USDT)
1. Current Price
The current price of Bitcoin is 102,900.02 USDT, with an increase of 3.38% over the past 24 hours.
2. Moving Averages
- *MA50 (Green)*: Located at 88,145.48, it represents an important dynamic support.
- *MA200 (Sky Blue)*: Located at 91,053.19, it has recently been broken upward, which is a positive signal.
- *MA99 (Red)*: Located at 89,703.75, it has also been broken.
3. Overall Trend
- *Bullish Trend*: The price has broken through a previous descending channel and risen above previous resistance levels.
- *Consolidation Period*: This bullish trend comes after a long consolidation period between March and April 2025.