$BTC trend

Based on the technical analysis of the BTC/USDT chart and recent forecasts, the trend for Bitcoin in the next week appears to be neutral to slightly bullish, but with low momentum and the need for buying volume for the bullish trend to confirm.

Here are the key points observed:

* General Trend: Bitcoin has shown a strong bullish trend recently, with the price above the moving averages. Most analyses suggest a continuation of this trend, as long as support levels are maintained.

* Important Levels:

* Support: $107,000, with stronger support at EMA25 (around $111,028.0) and EMA99 (around $109,958.0). There is also mention of support at $100,743.51.

* Resistance: The immediate resistance level is around $111,341.8 to $112,000. A breakout above $114,000 to $115,000 would be a strong signal for continued bullishness.

* Volume: The current volume is below the 5 and 10-day moving averages, indicating low momentum in the short term. For the bullish trend to hold and resistance levels to be broken, it is crucial that there is an increase in buying volume.

* Indicators:

* EMA (Exponential Moving Averages): The alignment of the EMAs (EMA7 > EMA25 > EMA99) is generally considered a bullish signal, suggesting upward momentum.

* RSI (Relative Strength Index): The RSI is in the neutral zone (between 30-70), indicating that the price is in a neutral trend, but there is mention of bearish divergence in some recent analyses, which may indicate a price reversal.

* Parabolic SAR: On the chart, the Parabolic SAR (yellow dots) is below the price, which is a bullish sign, suggesting that the current trend is upward.

* Forecasts: Some forecasts indicate that Bitcoin may reach $109,135.07 next week with a growth rate of 5%. Other analyses from Binance Square point to a possible test of $113,000–$115,000 if support is maintained.