$BTC

🔍 BTC/USDT 1-Day Chart Analysis (as of ~$105,994)

🟢 Current Overview:

Price: $105,994.41

24h High: $106,160.19

24h Low: $104,964.14

Price Change: +0.42%

Trend: Strong bullish continuation

📈 Technical Observations:

1. Uptrend Continuation:

The price is consistently forming higher highs and higher lows, confirming an ongoing uptrend since early 2024.

BTC has recently broken through a previous resistance zone around $100,000–$102,000 and is now consolidating slightly below $106,000.

2. Resistance Zone:

Psychological and technical resistance appears near $106,500–$107,000, close to the recent high.

3. Support Zone:

Nearest strong support lies near $102,000–$103,500, previously a breakout area.

4. Volume Insight:

Volume is moderately strong, indicating healthy participation in the move. No signs of major exhaustion yet.

5. No Bearish Divergence:

There's no immediate sign of a bearish divergence or strong reversal candle.

🔮 24-Hour Price Prediction (Speculative):

Likely Scenario:

If BTC maintains current momentum and volume, it could test or break $107,000, possibly heading toward $108,000–$110,000 in the next 24 hours.

Bearish Risk:

If price fails to break $106,200 convincingly and volume fades, expect a retest of $103,500–$104,500.

✅ Summary:

Prediction Range

Bullish Target $107,500–$110,000

Bearish Pullback $103,500–$104,500

Probability Bias Bullish (Short-term)