BTC Price Analysis.......
📊 Technical Indicators:
MA(7) < MA(25) < MA(99): Bearish alignment persists.
RSI: 44.48 — Recovering from oversold territory, suggesting mild bullish momentum.
MACD: Still bearish, but histogram shows decreasing negative momentum, indicating a potential reversal.
Volume: Decreasing on last green candle, caution advised.
📐 Chart Pattern Insights:
Price recently bounced off the support zone around $103K.
Still trading below the major downtrend line (red), which must be broken for sustained upside.
A minor relief rally appears underway, but needs confirmation above MA(25) ($106,453) to change trend.
🔮 Price Prediction (Short-Term – 1 to 3 Days):
Bullish Scenario: If price holds above $104K and breaks $106.5K, a move toward $108K–$110K is possible.
Bearish Scenario: Failure to sustain above $104K could lead to retesting support at $103K and possibly $102.6K.
📌 Verdict: Currently in a weak bounce phase within a broader downtrend. Caution recommended unless key resistances break with volume.
