Here's a quick analysis of the BTC/USDT daily chart and key metrics $BTC :

📊 Current Market Status:

Price: $108,404.98

24h Change: +1.99%

24h High / Low: $108,552.44 / $105,318.37

24h Volume:

BTC: 14,763.33 BTC

USDT: 1.58 Billion USDT

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📈 Technical Indicators (Daily Chart):

Moving Averages:

MA(7): $105,080.28 (yellow)

MA(25): $106,331.12 (pink)

MA(99): $93,045.78 (purple)

The price is currently above all major moving averages, which is generally bullish.

A recent strong green candle shows a potential breakout from a consolidation phase.

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🔎 Volume Analysis:

Volume has picked up along with price, supporting the move upward.

The volatility percentages below suggest healthy momentum:

7 days: +2.61%

30 days: +5.28%

90 days: +37.90%

1 year: +56.40%

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📌 Interpretation:

This chart suggests a bullish short-term trend with upward momentum.

The breakout from around ~$105,000 to current levels, backed by volume, indicates strength.

Watching the next resistance at ~$111,980 (previous high) is key.

Support zone lies near the $105,000 region (MA(7)).$BTC #CryptoCharts101 #