$BTC
Current price:
* BTC/USDT: \$107,636.91
* Variation: -1.90% in the last 24 hours
Price ranges:
* Maximum in 24h: \$109,971.30
* Minimum in 24h: \$106,600.00
This indicates moderate volatility with a drop from the recent high.
Moving average analysis:
* MA(7): \$107,291.49 (yellow line)
* MA(25): \$108,140.87 (fuchsia line)
* MA(99): \$108,225.07 (purple line)
Interpretation:
The current price is below the MA(25) and MA(99), suggesting a bearish trend in the short and medium term.
The MA(7) is starting to tilt upwards, which could anticipate a short-term technical rebound.
Support and resistance:
* Key support: \$106,600.00 (recent low)
* Immediate resistances: \$108,383.65 and \$109,555.16
If the price exceeds \$108,383.65 with volume, it could attempt the \$109k zone again.
Volume:
* Volume 24h: 15,838 BTC (\~1.71 billion USDT)
There was an increase in volume during the drop, followed by a rebound with lower volume. This suggests profit-taking or a technical rebound without confirmation of a trend change.
Trend by periods:
* Today: -0.11%
* 7 days: +2.34%
* 30 days: +4.76%
* 90 days: +31.35%
Despite the correction, the medium-term trend remains bullish.
Conclusion:
Current trend:
* Short term: bearish or in correction (price below key moving averages)
* Medium/long term: bullish, supported by performance in the last 90 days
Possible strategy:
Wait for confirmation of bullish breakout above MA(25) with volume.
Watch the support at \$106,600. If it breaks strongly, the price could head towards \$106,000 or lower.