$BTC
Looking at today’s candle chart, BTC is currently in a tight consolidation zone, trading just above a key support level. The previous 4-hour candle showed a long lower wick, suggesting buyers are stepping in to defend the $105K zone.
📊 Key Observations:
Support Level: Around $104,500
Resistance Level: Around $107,000
RSI is neutral around 48, showing neither overbought nor oversold conditions.
Volume is slightly decreasing, which may indicate a breakout is coming soon — direction still uncertain.
📈 Short-Term Outlook (Next 12-24 hrs):
If BTC holds above $105K and breaks above $106.5K with strong volume, we could see a bullish move toward $108K+.
But if it drops below $104.5K, a quick dip toward $102K is possible.
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My Sentiment:
Right now, price action is leaning slightly bullish, but confirmation is needed. Watch the next few candles closely – if we break upward from this tight range, BTC might aim for higher highs.