$BTC Current price: $107,626
EMA(99): $106,469
Quick overview after the drop
After reaching $110.5K, Bitcoin sharply retraced, now hovering just above the 99 EMA. This correction was expected after strong resistance at this level.
Macro Sentimental Factor
Recent negative sentiment surrounding potential military escalation by Trump in the Middle East has caused fear among high-risk assets. $BTC is no exception — capital is showing caution.
What to watch for next
• The EMA(99) support zone at $106.4K is a key level for bulls
• If broken, the next support is around $104.3K – $102K
• A recovery is possible if BTC can reclaim $108.8K as short-term support
• Momentum remains bullish in the medium term, unless we break below $100K
🕰️ The next 6–12 hours will be key
• Watch for volume spikes near EMA
• Global news flow can dictate direction — set alerts and trade cautiously
Leave your thoughts: bullish continuation or deeper correction?$BTC
