Is it possible? What do you think? $BTC — Currently trading | User-v0vakil on Binance Square

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Is it possible? What do you think?$BTC — Currently trading at $109,744.02 (-0.02%)
Is Bitcoin preparing for a breakout, or is this just the calm before the storm?

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#BTC 🧐🧐🧐🧐🧐🧐🥺🥺🥺🥺🥺🥺🤔🤔🤔🤔🤔🤔Price Overview (as of 2025-05-31, 11:36 AM) Current Price: $103,572.96 Change: -2.32% (downward movement) 24h High: $106,135.17 24h Low: $103,068.55 24h Volume: BTC: 22,382.18 USDT: 2.34B Chart Indicators MA60 (60-period Moving Average): 103,668.49 MA5: 5.13160 MA10: 5.39046 Current price is below MA60, suggesting short-term bearish momentum. --- Volume Analysis Significant red (selling) volume bars around 11:13 to 11:29 suggest strong selling pressure. Volatility has increased, with noticeable price swings within a short period. --- Performance Metrics Period % Change Today -0.59% 7 Days -5.33% 30 Days +10.07% 90 Days +21.56% 180 Days +6.45% 1 Year +49.42% Short-Term: Bearish (decline over past 7 days and today) Mid to Long-Term: Bullish (strong gains over 30 days to 1 year) --- Market Sentiment (Order Book Bar) Buy Pressure: 4.07% Sell Pressure: 95.93% > This heavily skewed order book indicates dominant bearish sentiment among traders at the moment. --- Conclusion 📉 Bearish Short-Term Trend Price is below MA60. High sell pressure and decreasing price. Caution advised for short-term buying. 📈 Bullish Long-Term Outlook Strong gains over 30 to 365 days show long-term investor confidence. Consider watching for support zones or dips for long-term entries.

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