#btc and other alts
Technical analysis part 1-
1-Hour BTC Chart Insights
• Price: $102,568
• Trend: Clear breakdown from recent consolidation range
• MA Crosses:
• Price below MA(25) and MA(99) = Short-term and mid-term trend is now bearish.
• MA(7) is sloping down and crossed below longer MAs = bearish crossover.
• Volume spike during the red candle = strong selling pressure.
Conclusion (1H): Bearish, short-term downtrend confirmed. Expect further dip unless reclaimed quickly above $104,000.