BTC LTF Analysis

$BTC is currently testing the 200 EMA (red) as dynamic resistance, after repeated failures to close above it. Meanwhile, the 21 EMA (yellow) and 50 EMA (green) are compressing from below - a setup that typically signals a potential shift in short-term momentum.

Price also sits just below the dWeek VWAP at $107830, which now acts as the primary marker for supply/demand balance.

Key levels:

107,830 (dWeek VWAP) - key resistance, recent rejection originated here.

105,497 (dWeek VAL) - nearest lower support.

104,564 (pWeek VAH) - deeper area of interest for buyers.

103,632 (pWeek VWAP) - defines last week’s lower value range.

Price behavior

The latest bounce from the 105,500-105,700 area came on rising volume, but lacked follow-through. BTC remains capped below VWAP and struggles to sustain above the 21/50 EMAs. Meanwhile, the 200 EMA is pressing down, reinforcing a range-bound environment.

Volume picked up during the last rejection, suggesting sellers are active around 107,800–108,000.

Watch for:

A clean break and close above 107,830 (VWAP) on strong volume is needed to flip the structure bullish short term.

Failure to reclaim it = elevated risk of a drop back to 105,500 (VAL) or deeper value zones below.